{"id":81140,"date":"2021-11-04T15:03:39","date_gmt":"2021-11-04T10:03:39","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=81140"},"modified":"2021-11-04T15:03:44","modified_gmt":"2021-11-04T10:03:44","slug":"pakistan-commitments-gsp-status","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistan-commitments-gsp-status.html","title":{"rendered":"Pakistan to implement international commitments agreed under GSP+ mechanism"},"content":{"rendered":"\n<p>Islamabad: Foreign Minister Shah Mahmood Qureshi on Wednesday (November 03) assured the European Union (EU) Parliament delegates that Pakistan will implement international conventions agreed under the Generalised System of Preferences (GSP+) Plus, news sources reported.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pakistan-gsp-status-european-commission.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan to remain on GSP+ status: European Commission<\/a><\/p>\n\n\n\n<p>The minister reaffirmed these sentiments in a meeting held with the EU Parliament\u2019s Delegation for Relations with the Countries of South Asia, led by Nicola Procaccini. He said that the government is committed to implementing reforms and adjustments to the current infrastructure to honour its commitments. Furthermore, he stated that the GSP+ designation has shown to be advantageous for Pakistan&#8217;s people and trade development. He further stated that the mutual gains are the result of the <a href=\"https:\/\/www.zameen.com\/news\/business-forum-launched.html\" data-type=\"post\" data-id=\"79540\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan-EU Strategic Engagement Plan<\/a>, which has given stability to bilateral relations. <\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/eu-invest-balochistan-development.html\" target=\"_blank\" rel=\"noreferrer noopener\">EU to invest in Balochistan development under new scheme<\/a><\/p>\n\n\n\n<p>Likewise, he said that the basis and framework for multidimensional collaboration between the two parties is expanding. It is vital to remember that Pakistan benefits from GSP+ status, which allows it to get special tariffs and tax breaks when exporting to EU nations. The EU trade commission has stated that it is assessing Pakistan&#8217;s obligations and trade potential in order to <a href=\"https:\/\/www.zameen.com\/news\/eu-pakistan-business-forum.html\" data-type=\"post\" data-id=\"79438\" target=\"_blank\" rel=\"noreferrer noopener\">renew its GSP+ status<\/a> for the next two years, till 2024.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Foreign Minister Shah Mahmood Qureshi on Wednesday (November 03) assured the European Union (EU) Parliament delegates that Pakistan will implement international conventions agreed under the Generalised System of Preferences (GSP+) Plus, news sources reported.\u00a0 Read: Pakistan to remain on GSP+ status: European Commission The minister reaffirmed these sentiments in a meeting held with the EU Parliament\u2019s Delegation for Relations with the Countries of South Asia, led by Nicola Procaccini. He said that the government is committed to implementing reforms and adjustments to the current infrastructure to honour its commitments. Furthermore, he stated that the GSP+ designation has shown to be advantageous for Pakistan&#8217;s people and trade development. He further stated that the mutual gains are the result of the Pakistan-EU Strategic Engagement Plan, which has given stability to bilateral relations. Read: EU to invest in Balochistan development under new scheme Likewise, he said that the basis and framework for multidimensional collaboration between the two parties is expanding. It is vital to remember that Pakistan benefits from GSP+ status, which allows it to get special tariffs and tax breaks when exporting to EU nations. The EU trade commission has stated that it is assessing Pakistan&#8217;s obligations and trade potential in&hellip;<\/p>\n","protected":false},"author":84,"featured_media":79443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[47997,48386,49317],"persona":[],"class_list":{"0":"post-81140","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-generalised-scheme-of-preferences-plus-gsp","9":"tag-pakistan-gsp-status","10":"tag-pakistan-to-implement-international-commitments-agreed-under-gsp-mechanism","11":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan to implement commitments under GSP+ status- Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Foreign Minister Shah Mahmood Qureshi on Wednesday (November 03) assured the European Union (EU) Parliament delegates that Pakistan will\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pakistan-commitments-gsp-status.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan to implement commitments under GSP+ status- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Foreign Minister Shah Mahmood Qureshi on Wednesday (November 03) assured the European Union (EU) Parliament delegates that Pakistan will\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistan-commitments-gsp-status.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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