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Pakistan and EU Move to Expand Trade and Investment Under GSP Plus

Talks highlighted a proposed business forum to link companies across both markets.

Overview

  • Commerce Minister Jam Kamal Khan met EU Ambassador Raimundas Karoblis on Oct. 21 to advance bilateral economic cooperation.
  • Discussions centered on leveraging the EU’s GSP Plus scheme to deepen trade ties and attract more investment.
  • Khan said Pakistan’s exports have risen under the preferential program, citing it as evidence of progress.
  • Pakistan reaffirmed commitments to human rights, labor standards, environmental protection, and good governance in line with GSP Plus conditions.
  • Both sides signaled intent to continue close coordination, framing the partnership as a path to sustainable development and shared growth.