EU considers extending Pakistan’s GSP+ status

Published
0

BRUSSELS: The European Com­m­i­s­sion has proposed extending Pakistan’s GSP+ status — which is set to expire at the end of this year — for another four years as a contingency measure.

The EU has decided to introduce fresh legislation to continue the scheme for another 10 years, but there seems to be a deadlock between the EU Council, which wants to link the GSP+ scheme with migration, and the EU Parliament, which is not ready to do so.

“The EU Parliament strongly believes that trade shouldn’t be linked with the migration issue,” MEP Heidi Hautala said during an interaction with visiting Pakistani journalists.

As a temporary measure, it has been proposed that the current scheme should be extended for four years. The proposal will now be put to vote in the EU Parliament. According to a European official, the scheme will definitely be extended, but its time period will be decided by the legislature.

However, one EU official said that over the next decade, the GSP+ scheme would be very stringent and some countries may not even qualify for it, under the new legislation. It was repeatedly mentioned that conditions will be the same for all those countries trying to avail the GSP+ status and there will be no ‘pick and choose’.

Under the new regime, countries will have to submit a plan of action to implement over 30 conventions to qualify and remain eligible for duty-free access of goods to EU markets.

In a statement, EU Ambassador to Pakistan Dr Riina Kionka said they were keeping a close eye on Pakistan. A European official also commented that upcoming conditions may prove challenging for Pakistan.

Published in Dawn, July 9th, 2023

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...
Terror and politics
Updated 29 Sep, 2026

Terror and politics

There is an urgent need to tone down the rhetoric and tackle terrorism as a collective challenge for both the affected provinces and the federation.
Watching the glaciers
29 Sep, 2026

Watching the glaciers

THE latest signs from Pakistan’s mountains are worrying. Suparco says the number of unfrozen glacial lakes it...
Dangerous agenda
29 Sep, 2026

Dangerous agenda

AS the world remains fixated on the US-Iran conflict, elsewhere in the Middle East, Israel is consolidating its grip...