GSP+ helps double Pakistan exports to EU: envoy
Ambassador of the European Union Raina Kionka has said that the GSP+ status for Pakistan has been rolled over without any changes to the rules of framework so everything was going to stay the same up to 2027. “We also have elections in June 2024, which means there will be a political changeover in the parliament and the EU’s Commission. Once everything settles, we expect that the new parliament and the Council of EU member states will once again take up negotiations on a new directive for GSP+ with Pakistan which couldn’t happen last year,” she said while addressing the members of the Karachi Chamber of Commerce and Industry (KCCI) on Tuesday. Although it’s a four-year rollover for GSP+, if they come up with a new regulation, it will become effective before 2027, she added.