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17:20 Jan 29, 2026
Prime Minister Shehbaz Sharif on Thursday said Pakistan was committed to working closely with the European Union (EU) on mutually beneficial trade enhancement initiatives, especially through the GSP+ status. According to a handout by the Prime Minister’s Office (PMO), PM Shehbaz made these remarks while meeting the EU’s Ambassador to Pakistan Raimundas Karoblis, who called on him in Islamabad. According to the EU, GSP+ status is a special incentive awarded to developing countries to “pursue sustainable development and good governance” in exchange for cutting import duties to zero on two-thirds of the tariff lines of its exports. Governments with this status need to implement 27 international conventions on human rights, labour rights, good governance and the environment. According to the handout issued on Thursday, the premier welcomed the ambassador and reaffirmed “Pakistan’s commitment to further strengthen cooperation with the EU in all areas of mutual interest, particularly trade, investment, development,...