Related Keywords: GSP plus status for two year, Pakistan business community, Pakistan Readymade Garments Manufacturers and Exporters Association, Pakistani goods have duty-free access on 91 percent of EU tariff lines, PRGMEA, retain the generalized system of preferences, stressed need for aggressive marketing plan, welcomes European Union decision
The Pakistan business community welcomes the European Union decision to retain the generalized system of preferences (GSP) plus status for two year. Under GSP+ Pakistani goods have duty-free access on 91 percent of EU tariff lines. The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has stressed the need for an aggressive marketing plan, besides implementing the prime minister’s export package to maximise benefits from the decision.