PM Shehbaz stresses GSP+ role in Pakistan's economic growth in meeting with EU leaders
European chief thanks PM for Pakistan’s initiative to mediate in the conflict between the United States and Iran
Prime Minister Shehbaz Sharif emphasized the significance of GSP+ for Pakistan's economic growth, job creation, and trade with the European Union during a meeting with EU leaders at the United Nations General Assembly in New York. GSP+ offers developing countries preferential access to European markets in exchange for commitments on sustainable development and good governance, requiring countries to implement 27 international conventions covering human rights, labor rights, environmental protection, and good governance.
Pakistan is one of eight countries benefiting from this scheme, enjoying reduced or zero tariffs on exports in return. Shehbaz reiterated Pakistan's commitment to strengthening its partnership with the EU and implementing the Pakistan-EU Strategic Engagement Plan. EU leaders praised the meeting, highlighting the EU's shared commitment to democracy, the rule of law, human rights, and civic space.
Written by urgent.news from The Express Tribune - Pakistan's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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