Concession under GSP sought

Published October 7, 2004

ISLAMABAD, Oct 6: Federal Commerce Minister, Humayun Akhtar Khan has urged for continued availability of concession for Pakistani exports, particularly after the textile quotas phase-out from January 1, 2005 , under the generalised system of preferences (GSP).

The minister stated this in a meeting with Commissioner-designate Trade to the European Commission, Peter Mandelson at New York to discuss a wide range of matters relating to trade and economic co-operation, according to an official announcement released to media here on Wednesday.

The commerce minister explained and sensitized the future commissioner who would be taking over his new responsibilities on November 1, 2004. He emphasized the necessity and need for European Commission's understanding and proactive support to enable Pakistan to sustain their market share particularly for textiles.

Mr Khan welcomed and appreciated the initiative taken by Commissioner Trade of the European Commission, Pascal Lamy to consult Pakistan before finalizing their 2006-2015 GSP scheme. Pakistan strongly advocates the linkage of market access and GSP benefit to the special development need of the developing countries, he said.

The commissioner-designate expressed keen interest in the politico-economic developments in Pakistan and appreciated the role Pakistan was playing in fighting terrorism. He showed his understanding of the ongoing issues relating to trade and economic co-operation between Pakistan and European Union.

Opinion

Editorial

Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....
Soft on traders
08 Jun, 2026

Soft on traders

THE Fixed Tax Asaan Scheme for traders with an annual turnover of up to Rs200m has been designed as a ‘pragmatic...
Ceasefire in name
Updated 08 Jun, 2026

Ceasefire in name

Both sides accuse the other of violating the truce that was supposed to halt the conflict in April, yet neither appears willing to abandon negotiations altogether.
Damaged childhoods
08 Jun, 2026

Damaged childhoods

CHILD abuse is so prevalent that the UN ranked Pakistan as the least safe country for children. Even so, more than...