Dec 05, 2019: Governor Punjab Chaudhry Muhammad Sarwar said on Thursday that Pakistan had earned and benefited US $ 15 billion from Generlazied System of Preference (GSP) Plus facility since 2013-14, granted by the European Union (EU).
He stated this while addressing a press conference at a local hotel here this afternoon.
Chaudhry Muhammad Sarwar said from next month the tenure of GSP Plus facility for Pakistan would be reviewed by the European Union, so he had visited Brussels and Portugal to discuss the renewal of the facility for Pakistan which, he said remained very fruitful and productive.
He said in this regard he had met with the members of the European Parliament, Chairperson of Human Rights and Head of Foreign Affairs of the EU.
He added that he had discussed with more than thirty (30) members of European Parliament for the renewal of the GSP Plus facility to Pakistan.
He added that due to GSP Plus facility Pakistan's exports to European countries had increased at a ratio of US $ three (3) billion per year while in the Euro Zone Pakistan's exports have witnessed 51 percent increase.
He said Pakistan was the only country which had established “GSP Plus treaty implementation cell” at federal and provincial levels to resolve concerns to human rights and labour related issues.
He condemned that India was hatching organized conspiracies against renewal of the GSP Plus facility to Pakistan.
