Pakistan’s exports to major Western and Northern European markets have recorded negative growth in the first nine months of the current fiscal year compared with a year ago, despite the continuation of the Generalised Scheme of Preferences (GSP+) status, raising concerns about weakening demand for Pakistani goods. The development comes against the backdrop of a […]
GSP
GSP+ ‘crucial framework’ for mutually-beneficial EU trade: Dar
Deputy Prime Minister and Foreign Minister Ishaq Dar on Friday emphasised that the Generalised Scheme of Preferences Plus (GSP+) preferential trade scheme remained a crucial framework for mutually beneficial trade with the European Union (EU). The EU’s GSP+ offers developing countries preferential access to European markets in return for commitments on sustainable development and good […]
GSP+ in spotlight as PM assures EU of cooperation
Prime Minister Shehbaz Sharif said on Thursday that Pakistan was committed to working closely with the European Union (EU) on mutually beneficial trade enhancement initiatives, especially through the Generalised Scheme of Preferences Plus (GSP+) preferential trade scheme. The EU’s GSP+ offers developing countries preferential access to European markets in return for commitments on sustainable development […]
EU-India FTA narrows Pakistan’s textile tariff advantage in Europe
ISLAMABAD: Pakistan’s textile and apparel sector faces increased competition in the European Union (EU) following the conclusion of the EU-India Free Trade Agreement (FTA), analysts say. The deal effectively blunts Pakistan’s longstanding tariff edge, which had been supported by the GSP+ duty-free access scheme. Read More: Merz hints at EU–India free trade agreement by January The EU […]
Turkey expects US not to end preferential trade treatment
Turkey is expecting the United States to not implement a decision to terminate the country’s preferential trade treatment under a programme that allowed some exports to enter the United States duty free, the Turkish embassy in Washington said in a statement on Friday. The US Trade Representative (USTR) in early March said Turkey was no […]
Initiating mining activities at Thar Block II
Daily times development analysis Thar coalfield, located in Sindh Pakistan, is bounded in the North, East and South by India, in the West by flood plains of the Indus River. Town of Islamkot, a population center, is 44 km to the West of the mining project site in Thar coalfield.The Thar coalfield was discovered in […]
‘Eurovillage’ to open windows to EU tomorrow
The European Union (EU) and its member states plan to celebrate Europe Day in a unique manner by establishing a “Eurovillage” at Pakistan National Council of Arts (PNCA), Islamabad on Saturday. European Ambassador Jean-Francois Cautain told media sources that 17 out of 27 member states present in Pakistan would participate in the event, which aimed […]
GSP wants to fight winner of Khabib-McGregor
Former UFC Welterweight and Middleweight champion Georges Saint Pierre has said that he would be interested in fighting the winner of Khabib Nurmagomedov vs Conor McGregor. Saint Pierre said that while speaking to the media that he would fight in the Lightweight division and against the winner of the bout between defending champion Khabib and […]
Georges St Pierre or Conor McGregor? ‘Doesn’t matter’ to Khabib
UFC’s first ever Muslim and Russian champion has set things straight. He is ready to fight in September or October, and he couldn’t care less about his opponent. Although, the Eagle has, on multiple occasions, said that a bout with possibly the greatest fighter of all time, Georges ‘Rush‘ Saint Pierre would suffice, he does […]