Pakistani President Urged EU To Implement Preferential Measures As Soon As Possible To Promote The Development Of Textile And Garment Industry
Pakistan President Zardari (Asif Ali Zardari) asked the EU to implement the EU's autonomous trade preferences measures (ATPs) as soon as she met with Michael Gahler members of the EU Parliament. At the same time, Pakistan was included in the GSP plus plan.
The president of Pakistan said EU market High tariffs, Pakistan Spin clothing Industry is facing serious problems, especially the majority of competing countries have enjoyed tariff free access to the EU market.
Mr. Zardari stressed that Pakistan needs to expand trade rather than aid as a sustainable solution because of the huge financial expenditure required by counter-terrorism and the losses caused by destructive floods in 2010.
The president said expanding trade with the EU market would help. Pakistan According to the three pronged strategy of the government, we should carry out counter-terrorism, that is, development, dialogue and deterrence.
Pakistan President Farhatullah Babar said the president of Pakistan welcomed the decision of the European Parliament to change the import vulnerability standard of GSP from one percentage point to two percentage points.
Pakistan ratified all 27 mandatory international conventions in order to meet the conditions of tax-free access to the EU under GSP.
He added that Pakistan had revoked almost all reservations which were inconsistent with the two conventions, namely, the International Covenant on Civil and political rights and the Convention against torture.
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