Dawn
-
18:44 Nov 19, 2025
Deputy Prime Minister and Foreign Minister Ishaq Dar discussed the Generalised Scheme of Preferences Plus (GSP+) scheme with European Union Council President Antonio Costa on Wednesday, ahead of an upcoming review this month. The status was granted by the EU in 2014, which led to a 108 per cent hike in Pakistani textile exports to the EU due to concessional tariffs. In October 2023, the European Parliament unanimously voted to extend the GSP+ status for another four years until 2027 for developing countries, including Pakistan, to enjoy duty-free or minimum duty on European exports. The upcoming GSP+ monitoring mission was delayed from June because of the Iran-Israel conflict and will scrutinise Pakistan’s record on 27 international conventions tied to the trade scheme, which grants duty-free access to most Pakistani exports. The Foreign Office (FO) said that FM Dar called on Costa for a meeting in Brussels, Belgium, in which they “exchanged views on various areas of mutual interest, including GSP+, trade and...