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Published 26 Feb, 2014 07:27am

‘GSP Plus not only about textiles’

LAHORE: The Generalised System of Preferences Plus scheme is not all about textiles, German Ambassador to Pakistan Dr Cyrill Jean Nunn told members of the Lahore Chamber of Commerce and Industry (LCCI) on Tuesday.

Terming GSP-Plus status a complete book, the ambassador said it would give a great boost to Pakistan’s business with European countries in almost all sectors of the economy including leather and sports goods.

He said that Germany intended to develop and strengthen mutual trade relations with Pakistan and it would make all-out efforts to ensure access for exporters to the European Union (EU) and German markets.

Pakistani businessmen should avail this benefit and enhance interaction with their European counterparts, said Dr Nunn. Many German companies had shown a keen interest to invest in Pakistan, especially in the energy sector, and were ready to establish joint ventures with the business community in different trade fields, he added.

“Both countries have enjoyed friendly and cordial trade relations, and the time is ripe to strengthen trade ties,” said Dr Nunn.—Staff Reporter

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