GSP gains and challenges
Pakistan's relationship with the European Union under the Generalised Scheme of Preferences Plus (GSP ) has been nothing short of transformative. As the scheme's largest beneficiary, Pakistan recorded 7.5 billion in GSP eligible exports to the EU in 2024, with tariff exemptions worth approximately 732 million. The EU now accounts for 28% of Pakistan's total exports, making this preferential market access a lifeline for our economy. And the GSP arrangement has not only delivered on its........
