Pakistan has reinforced its position as the largest beneficiary of the European Union’s GSP+ trade scheme, with exports worth €7.115 billion benefiting from preferential tariffs in 2024. The latest EU GSP+ Report highlighted Pakistan’s 95.1% utilisation rate, reflecting the country’s effective use of the trade facility. The report also recognised continued progress in governance, labour […]
EU GSP Report
Pakistan tops EU GSP+ export beneficiaries
Pakistan emerged as the leading beneficiary of the European Union’s GSP+ trade scheme, recording €7.1 billion in exports to the EU during 2024. The latest EU GSP Report also highlighted Pakistan’s utilisation rate of more than 95%. However, it stressed that continued reforms remain essential to retain future trade benefits. The GSP+ programme grants developing […]