Defence Monitor

EU GSP+

Pakistan faces risks of losing ‘EU GSP+’ status amid governance concerns

Pakistan faces risks of losing ‘EU GSP+’ status amid governance concerns

New Delhi, Oct 24 (IANS) Pakistan faces a growing risk of losing preferential access to the European Union market under the revised Generalised Scheme of Preferences Plus (GSP+) framework after an EU assessment flagged weak implementation of human‑rights and governance commitments, a new report has said. As progress in Pakistan has been largely administrative and legislative, which has not translated into measurable improvements on the ground, there is "significant risk" of GSP+ status being lost, the report from European Times said. Pakistan reaped huge dividends from preferential access to the European Union market under the GSP + scheme but failed…
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