Advisor on Commerce and Investment meets EU Parliament’s Delegation for South Asia in Islamabad
Pakistan’s top commerce advisor reaffirmed that the country is committed to the full implementation of the UN conventions related to GSP Plus. However, the country also asked its European partners to be mindful of its challenges.
Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood appreciated the European member States for their support for Pakistan in securing the GSP Plus status and its continuity in the last three reviews conducted by European Parliament and hoped that the forthcoming fourth biennial review would also be successful.
Razzak Dawood shared the views following a dinner hosted in the honor of the Members of the European Union Parliament on November 3 in Islamabad.
The four-member delegation of the European Parliament headed by Nicola Procaccini, Member of the Committee on Civil Liberties, Justice and Home Affairs, comprised Heidi Hautala, European Parliament Vice-President and Rapporteur on the GSP regulation, Luis Garicano, Member of the Committee on Economic and Monetary Affairs, and Tomas Zdechovsky, Vice-Chair of the Committee on Employment and Social Affairs. The dinner was also attended by Androulla Kaminara, Head of the EU delegation in Islamabad, as well as ambassadors of the EU member states to Pakistan.
Speaking at the occasion, Pakistan PM’s Advisor on Commerce and Investment said that the visit of the delegation could not be timed better as the Fourth Biennial Review of GSP Plus to Pakistan was in process and would be completed in the coming months. He noted that the European Union was one of the largest trading and investment partners of Pakistan. In FY 2020-21, total bilateral trade with EU-27 was US$ 10.88 billion.
The Advisor reiterated that GSP Plus had a positive synergy with the government’s social agenda. It has helped Pakistan in the attainment of a level playing field in the European Market on one hand and acted as a catalyst to undertake necessary social reforms, on the other.
Androulla Kaminara, Head of the EU delegation in Islamabad, appreciated the whole of government approach and the institutional mechanism put in place by Pakistan for implementation of the various commitments under GSP Plus.
Nicola Procaccini, Member of the Committee on Civil Liberties, Justice and Home Affairs, and head of the visiting delegation appreciated the progress made by Pakistan despite challenges on its commitments pertaining to Human Rights, Environment and Climate Change, Labor Rights etc under GSP Plus and reiterated EU’s support for promoting universal values and creating enabling environment for the implementation of 27 UN Conventions in the beneficiary countries including Pakistan.
The Advisor to Prime Minister welcomed the newly proposed legislation for GSP for post-2023 by The European Commission. He told the particpants that Pakistan had already acceded to the 6 new Conventions under the proposed New GSP Regulation.