{
  "id": 8172335,
  "title": "Pakistan Completes 5th EU GSP+ Review",
  "url": "https://urgent.news/2026/09/18/pakistan-completes-5th-eu-gsp-review",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-18T04:18:05.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/09/18/pakistan-completes-5th-eu-gsp-review/"
  },
  "original_language": "en",
  "account": "Pakistan has successfully concluded its fifth assessment under the European Union's Generalized Scheme of Preferences Plus (GSP+) status, according to Federal Commerce Secretary Jawad Paul. Speaking at the inauguration of the Sweden Pakistan Business Guide 2026-2028 in Islamabad, Paul announced that preparations have already commenced for Pakistan's official reapplication for GSP+ status, which is due by December 31, 2028. Paul emphasized that GSP+ is a crucial component of Pakistan's bilateral ties with the European Union and that adhering to international obligations will facilitate Pakistan's transition into the EU's evolving regulatory framework. Swedish Ambassador Alex Berg von Linde underscored the importance of updating the bilateral investment treaty between Sweden and Pakistan and optimizing the advantages of the EU's GSP+ scheme for future Swedish economic engagement with Pakistan. He revealed that discussions are underway to renegotiate and modernize the existing bilateral investment treaty. Berg von Linde highlighted that GSP+ continues to facilitate trade, market access, and economic development between Pakistan, Sweden, and the wider European Union. She also noted substantial potential for expanding trade and economic relations between the two nations, provided Pakistan adheres to its international commitments, especially leading up to the upcoming GSP+ reapplication process. The Sweden Pakistan Business Guide 2026-2028 serves as a resource detailing business connections and prospects for trade, investment, and partnerships between the two countries. The guide, released at the Swedish Residence in Islamabad, is intended for government officials, diplomats, Swedish enterprises, industry experts, and journalists. It offers insights into Pakistan's market, the Team Sweden network, Sweden's strengths as a business and investment partner, and Swedish firms operating in Pakistan. Additionally, it emphasizes collaboration areas such as sustainable textiles, information and communications technology, digitalization, and responsible mining. Currently, over 40 Swedish companies actively operate in Pakistan, with many having been present for several decades. The Swedish ambassador also outlined plans to promote the \"Made with Sweden in Pakistan\" initiative, which showcases cooperation between Swedish firms and Pakistani partners by merging Swedish technology, expertise, and ideas with local Pakistani talent, businesses, and knowledge. The Embassy of Sweden, Business Sweden, and the Swedish Business Council in Pakistan will collaborate with partners across both nations to identify business opportunities, foster connections, and promote enhanced collaboration between Swedish and Pakistani companies.",
  "summary": "Pakistan has successfully completed its fifth review under the European Union’s Generalized Scheme of Preferences Plus (GSP+) status, Federal Commerce … Read More The post Pakistan Completes 5th EU GSP+ Review appeared first on ProPakistani .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}