PM Shehbaz stresses GSP Plus importance in meeting with EU top leadership
Prime Minister Shehbaz Sharif has highlighted the importance of the European Union’s GSP Plus scheme for Pakistan’s economic development, employment generation and trade with the bloc, while reiterating Islamabad’s commitment to continued engagement under the framework. The remarks came during PM Shehbaz’s meeting with the President of the European Council, António Luís Santos da Costa and the…
Prime Minister Shehbaz Sharif emphasized the significance of the European Union's GSP Plus program for Pakistan's economic growth, job creation, and trade ties during a meeting with top EU officials on the sidelines of the UN General Assembly 2026. The leaders discussed the entire range of Pakistan-EU relations, expressing satisfaction with the increasing momentum in high-level exchanges and cooperation between the two nations.
Prime Minister Shehbaz reiterated Pakistan's dedication to further strengthening its comprehensive partnership with the EU and full implementation of the Pakistan-EU Strategic Engagement Plan. He underscored the importance of regular high-level engagement in providing direction and impetus to the relationship. GSP Plus status, granted to Pakistan in 2014, has been pivotal for Pakistan's economy, boosting exports to the EU, with the trade volume rising by 108% from 2014 to 2022, from EUR 8.3 billion to EUR 14.85 billion.
The leaders also exchanged views on regional and global issues, reaffirming the value of dialogue, diplomacy, international law, and peaceful dispute resolution. Prime Minister Shehbaz invited the Presidents of the European Council and European Commission to visit Pakistan and expressed his desire to continue working closely with EU leadership to deepen the mutually beneficial partnership.
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