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GSP+ is not a gift. Pakistan can lose it

Pakistan’s most valuable trade arrangement is being renewed on terms the country has never had to meet. For twelve years, GSP+ has asked Pakistan to ratify international conventions. From 2027, it will ask whether those conventions are actually working. That is a different test, and on current evidence Pakistan is not ready for it. The stakes are hard to overstate. The European Union buys more…

First reported by Business Recorder 1 source
Image: Business Recorder
Image: Business Recorder
Read at Business Recorder(opens in a new tab)

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  1. Business Recorder

    GSP+ is not a gift. Pakistan can lose it (opens Business Recorder in a new tab)

    Pakistan’s most valuable trade arrangement is being renewed on terms the country has never had to meet. For twelve years, GSP+ has asked Pakistan to ratify international conventions. From 2027, it will ask whether those conventions are actually working. That…