ISLAMABAD

Pakistan’s exports to the European Union have increased by $1.16 billion during the first eleven months since the implementation of GSP Plus on 1st January 2014, said the Minister for Commerce in his meeting with a delegation of Members of European Parliament led by Ms. Jean Lambert.

The two sides agreed to take trade cooperation between Pakistan and EU beyond GSP Plus and explore new avenues of cooperation in trade facilitation and trade enhancement.

The Minister proposed to establish joint ventures, which would help the people of Pakistan and EU to establish mutually beneficial economic relations by exploiting the strengths of two sides.

The Minister informed the delegation that GSP Plus status has positive effect on the industrial sector of Pakistan.

The trickle-down effects of the trade incentives are reaching the lowest tiers of workers that will effectively result in youth and women empowerment in the country, the Minister said. He was of the view that since the implementation of GSP Plus, the EU was noticed positively in Pakistan for its support in facilitating exports.

The Ministry of Commerce will devise new strategy for effective commercial diplomacy to boost Pakistan’s export. Trade Development Authority of Pakistan will hold AaliShan Pakistan Exhibition in different cities of Europe to project and promote emerging brands of Pakistan.

Treaty Implementation Cell is established in the Prime Minister Office to oversee the implementation of the UN Conventions on human rights in all the constituent units of Pakistan. The Cell conducted its meetings frequently to bring uniformity in the human rights laws in the country.

The delegation appreciated the efforts of Dastgir in bringing the EU and Pakistan closer through commercial and trade diplomacy.

 They reiterated their resolve to support Pakistan to effectively face all the challenges that the country is confronted with. Ambassador of EU in Pakistan Lars-Gunnar Wigemark and their Political and Trade Consular in Pakistan also attended the meeting.