Pakistan to send fresh application for GSP+ as EU calls to ‘redouble’ efforts on rights

This picture taken in Brussels on December 16, 2020 shows European Union flags fluttering in the wind outside the European Commission building.  (AFP)
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Updated 06 October 2021
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Pakistan to send fresh application for GSP+ as EU calls to ‘redouble’ efforts on rights

  • Pakistan will have to demonstrate tangible progress on meeting international conventions, EU ambassador says
  • Under the preferential trade framework, Pakistani products have duty free access to all 27 European Union member states

ISLAMABAD: Pakistan’s commerce chief said the country would have to send a fresh application to the European Union for the renewal of the Generalized System of Preferences Plus (GSP+) status as the EU Ambassador to Islamabad said the South Asian nation would have to “redouble” its efforts to meet international rights conventions in order to continue to get trade concessions beyond 2023.
This April, the European Parliament moved a resolution against Pakistan, seeking an immediate review of its eligibility for GSP+ status over what it called violence and discrimination against religious minorities and other vulnerable groups.
The development took place after the Tehreek-e-Labbaik Pakistan (TLP) religious party resorted to violent protests, demanding the expulsion of the French ambassador to Islamabad over anti-Islam cartoons published in France.
The GSP+ is a special trade arrangement offered to developing economies by European nations in return for their commitment to implement 27 international conventions on human rights, environmental protection and governance. Institutionalized in 1971, the framework removes or reduces import duties on products exported to Europe from low-income countries.
Pakistan is part of a current GSP+ scheme set to end in December 2023.
Speaking to Arab News, the prime minister’s adviser on trade and commerce Abdul Razak Dawood said Pakistan would have to file a fresh application for the new scheme like other beneficiary countries of the GSP scheme.
“Pakistani products … have duty free access in all 27 member states of the European Union since January 1, 2014, until December 31, 2023,” Dawood said, adding that the EU periodically reviewed the commitment of all beneficiary nations with GSP+ status to the signed international conventions.
Dawood said all nations, including Pakistan, would be required to ratify and implement five new international conventions, in addition to the previous 27 international covenants, to benefit from a new program to be adopted by the EU from 2024 to 2036.
The EU office in Islamabad said in a statement Pakistan was the largest beneficiary of the current GSP+ program but the European Commission was continuously monitoring progress made by beneficiary nations like Pakistan in implementing international conventions.
“In the last monitoring reports, some progress has been positively highlighted, while concerns have been raised regarding child labor, torture, media freedom and access to justice, among others,” the statement maintained.
European Union Ambassador to Pakistan Androulla Kaminara said in a statement last month that Pakistan’s exports to Europe had increased by 60 percent since it was granted GSP+ status in 2014 but “in order to maintain the trade preferences under GSP Plus beyond 2023, Pakistan will have to redouble its efforts to turn the international conventions it signed into reality on the ground.”
“To make the case to be eligible under the new GSP Plus system, Pakistan, like any other potential beneficiary countries,” Kaminara said, “will have to demonstrate tangible progress to convince EU parliamentarians and member state governments.”


Pakistan Super League to woo foreign investors in London roadshow today

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Pakistan Super League to woo foreign investors in London roadshow today

  • PCB says it has attracted “significant interest” from potential ownership groups in UK as it expands PSL to eight teams
  • PSL roadshow to attract diverse audience of business leaders, potential franchise owners and cricket supporters, says PCB

ISLAMABAD: The Pakistan Super League (PSL) will host a landmark roadshow at the iconic Lord’s Cricket Ground (MCC) in London today, Sunday, to showcase the league’s commercial strength and future direction to foreign investors. 

The PSL is Pakistan’s premier T20 cricket league that features six city-based teams competing for the league’s title every year. The tournament’s 11th edition is expected to be held in April and May next year. 

The PCB has announced it will expand the cricket league to include two more franchises this year, raising the total number of teams to eight. The board said in a statement earlier this year that it has already received “significant interest” from potential ownership groups across the UK regarding the two new teams. 

“The London Roadshow aims to build on this momentum by offering investors and cricket lovers an immersive introduction to the league, its commercial ecosystem and the strategic vision driving its next phase of growth,” the board said in a statement on Dec. 2. 

The PCB said it expects to draw a diverse audience of business leaders, potential franchise owners and cricket supporters eager to engage with the league at the roadshow. 

It said the initiative will showcase PSL’s commitment to global expansion, strategic partnerships and delivering world-class entertainment and cricketing excellence. 

“This event is an important opportunity to deepen global partnerships and share our long-term vision for expansion and innovation,” PCB Chairman Mohsin Naqvi was quoted as saying by the board. 

“We look forward to welcoming investors and cricket enthusiasts in London.”

Within a span of 10 years, the PSL has competed for viewership with some of the most prominent cricket leagues around the world, including the Indian Premier League, the Big Bash League, the Hundred and the Caribbean Premier League, among others.