Business

TRADE EU parliament approves concessions

“Within the EU this has been a British lead initiative in council, commission and parliament."

March 19, 2011

LONDON:

The European Union’s efforts to provide assistance to Pakistan’s economy through trade concessions following the floods have passed through the European Parliament.

Speaking from the European Parliament in Brussels, British member of European parliament (MEP) Sajjad Karim stated: “Within the EU this has been a British lead initiative in council, commission and parliament. We are delighted to have achieved this despite attempts by French socialists to scupper the deal.”

Karim said they will now work further to unlock the difficulties which are being faced at world trade organisation level.

The Manchester-based parliamentarian said the matter now rests with the World Trade Organisation where challenges still remain.

He is scheduled to meet British Prime Minister David Cameron and Minister for Europe David Liddington where he will raise the WTO issues.

Published in The Express Tribune, March 19^th, 2011.

COMMENTS (1)

Kazim Aizaz Alam | 13 years ago | Reply Does that mean the WTO and French socialists have a similar viewpoint regarding concessions to Pakistan's access to the EU? These are strange times -- socialists are agreeing with the trade body supposed to protect global capitalist interests.

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