EU Assured of Pakistan’s Commitment to GSP+:
EU has appreciated Pakistan’s commitment to fully implementing the 27 international conventions. These conventions come under the EU preferential trade agreements, the Generalised Scheme of Preferences Plus (GSP+). These conventions will help both the EU and Pakistan in enhancing trade ties.
Since September last year, Pakistan reiterated the steps taken for GSP+ in a meeting between Foreign Minister Qureshi and EU High Representative for Foreign Affairs and Security policy on Friday. They both met at the sidelines of the Antalya Diplomacy Forum in Turkey.
Meeting between FM Qureshi and Josep Borrell:
Both Borell and Qureshi talked about the regional and global areas of concern. It includes the Indian Occupied Jammu and Kashmir as well as the Afghan peace process. Moreover, both exchanged views on the recent Covid-19 pandemic.
Foreign Minister Qureshi emphasized that SEP (Strategic Engagement Plan) has further strengthened the relations between the EU and Pakistan.
Qureshi updated Borell about Pakistan’s FATF (Financial Action Task Force) progress and pursued the EU’s support in its review process. Borell extended an invitation to the Prime Minister of Pakistan for visiting the EU.
Foreign Minister Qureshi stressed the need for the continual engagement of the international community after the withdrawal of the foreign forces from Afghanistan. Furthermore, asking the EU to notice the human rights violations in the illegally Indian occupied Jammu and Kashmir.
Pakistan and EU Joint Commission meeting:
In a meeting between Pakistan and the EU Joint Commission, both sides agreed the enhancing the bilateral trade and discussed the existing areas of bilateral cooperation. Moreover, Pakistan acknowledged the extension of its GSP+ status, and both the EU and Pakistan appreciated the progress in areas of development cooperation.
What is GSP+?
EU Assured of Pakistan’s Commitment to GSP+: GSP+ removes tariffs from the products coming into the EU from the developing countries. It helps alleviate poverty and create jobs, keeping in line with human rights in developing countries.