European Union Foreign Policy Chief Catherine Ashton—Reuters Photo
European Union Foreign Policy Chief Catherine Ashton—Reuters Photo

BRUSSELS: EU foreign policy chief Catherine Ashton heads to Pakistan on Monday to launch a wide-ranging “strategic dialogue” covering foreign and security issues, as well as development and trade.

Ashton, who flies to Islamabad after an EU-Russia summit in Saint Petersburg, will Tuesday join Foreign Minister Hina Rabbani Khar to launch the talks aimed at giving new impetus to ties between Pakistan and the 27-nation bloc.

“My visit to Pakistan is an expression of the EU's support for the consolidation of democracy in the country,” she said in a statement ahead of the three-day trip.

The dialogue aims to spell out how to work toward an ambitious five-year plan agreed in January that would culminate in a Free Trade Agreement and include anti-terrorist measures and heightened development aid.

Ashton will also meet Prime Minister Syed Yousaf Raza Gilani, military operations chief Lieutenant General Waheed Arshad, parliamentary opposition leaders and, in a Wednesday visit to second city Lahore, Punjab province Governor Sardar Muhammad Latif Khan Khosa.

“We want to deepen our collaboration in many areas, including judicial reform, strengthening the democratic institutions, but also work jointly on promoting regional stability and tackling extremism and terrorism,” she said.

Ashton also said the EU wanted “to capitalise on the momentum in our relationship created by the special trade measures we adopted following the 2010 floods, and the significant development and humanitarian assistance we have provided to the country.”

In a ground-breaking move in February, the World Trade Organization approved a waiver allowing 75 Pakistani products duty-free access to European Union markets for two years to help textile exports after devastating floods in 2010.

The EU is Pakistan's largest trading partner, receiving almost 30 per cent of its exports—worth almost 3 billion euros.

Pakistan's trade with the EU consists mainly of textiles, which account for more than 70 per cent of its exports to European countries.

Brussels last month announced a further 20 million euros in aid to victims of Pakistan's 2011 monsoon floods, as well as people displaced by conflict, bringing funding this year to 55 million euros.

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

Opinion

Editorial

Ties with Tehran
Updated 24 Apr, 2024

Ties with Tehran

Tomorrow, if ties between Washington and Beijing nosedive, and the US asks Pakistan to reconsider CPEC, will we comply?
Working together
24 Apr, 2024

Working together

PAKISTAN’S democracy seems adrift, and no one understands this better than our politicians. The system has gone...
Farmers’ anxiety
24 Apr, 2024

Farmers’ anxiety

WHEAT prices in Punjab have plummeted far below the minimum support price owing to a bumper harvest, reckless...
By-election trends
Updated 23 Apr, 2024

By-election trends

Unless the culture of violence and rigging is rooted out, the credibility of the electoral process in Pakistan will continue to remain under a cloud.
Privatising PIA
23 Apr, 2024

Privatising PIA

FINANCE Minister Muhammad Aurangzeb’s reaffirmation that the process of disinvestment of the loss-making national...
Suffering in captivity
23 Apr, 2024

Suffering in captivity

YET another animal — a lioness — is critically ill at the Karachi Zoo. The feline, emaciated and barely able to...