Increased market access to European Union urged
Gilani for upward revision of Import Vulnerability Criterion.
ISLAMABAD:
Prime Minister Yousaf Raza Gilani emphasised upon increased market access for Pakistani exports to the European Union (EU) and stressed for early implementation of trade concessions by obtaining WTO’s waiver which has been held up for a long time.
The PM appreciated the special efforts of Germany and EU for market access to Pakistani products in EU countries and for unilateral concessions on 75 items.
While talking to German Minister for Economic Cooperation and Development Dirk Niebel, and European Commissioner for Development to Pakistan Andris Piebalgs at the Prime Minister House on Friday afternoon, the PM urged for EU’s support for GSP+ status for Pakistan’s exports to EU, which he said would facilitate investments and help create jobs.
PM added that upward revision of Import Vulnerability Criterion from 1 to 2 per cent as eligibility criterion for GSP plus in the proposed scheme starting from 2014, would help Pakistan benefit from the additional space for exporting its goods to the EU.
The PM assured the delegation that Pakistan would soon be ratifying the remaining two conventions out of the 27 conventions proposed by the European Commission.
He informed them that consensus has been achieved among all the stakeholders including the provincial governments on all relevant matters to ratify the two conventions.
Underlining the government’s resolve to mobilize domestic resources, the PM said that measures had already been announced in the budget, reiterating the government’s commitment to maintain fiscal discipline and high growth.
Published in The Express Tribune, June 18th, 2011.
Prime Minister Yousaf Raza Gilani emphasised upon increased market access for Pakistani exports to the European Union (EU) and stressed for early implementation of trade concessions by obtaining WTO’s waiver which has been held up for a long time.
The PM appreciated the special efforts of Germany and EU for market access to Pakistani products in EU countries and for unilateral concessions on 75 items.
While talking to German Minister for Economic Cooperation and Development Dirk Niebel, and European Commissioner for Development to Pakistan Andris Piebalgs at the Prime Minister House on Friday afternoon, the PM urged for EU’s support for GSP+ status for Pakistan’s exports to EU, which he said would facilitate investments and help create jobs.
PM added that upward revision of Import Vulnerability Criterion from 1 to 2 per cent as eligibility criterion for GSP plus in the proposed scheme starting from 2014, would help Pakistan benefit from the additional space for exporting its goods to the EU.
The PM assured the delegation that Pakistan would soon be ratifying the remaining two conventions out of the 27 conventions proposed by the European Commission.
He informed them that consensus has been achieved among all the stakeholders including the provincial governments on all relevant matters to ratify the two conventions.
Underlining the government’s resolve to mobilize domestic resources, the PM said that measures had already been announced in the budget, reiterating the government’s commitment to maintain fiscal discipline and high growth.
Published in The Express Tribune, June 18th, 2011.