Pakistan gets extension in GSP-Plus status; announces Razak Dawood

ISLAMABAD: Pakistan would continue to enjoy tariff preferences in European Union (EU) under Generalized Scheme of Preferences-Plus (GSP+) status.

This was announced by Adviser to Prime Minister on Commerce, Industry and Investment Abdul Razak Dawood here on Friday

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He made this announcement in a post on micro-blogging site-Twitter and thanked the European Union institutions for allowing the country to avail from the status.

The adviser also applauded federal and provincial authorities, ministry of commerce’s treaty implementation cell for striving hard to meet the GSP plus obligations.

‘This would strengthen our resolve to continue to improve the social and economic conditions of our people. I urge the business community to diversify their exports to capitalise on this opportunity to the optimum,’ he added.

With input from INP

Read more: Government increases tax on petroleum products by over Rs 5b

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