Gsp plus: Foreign investment will increase, says FCCI
GSP Plus Status to Pakistan was eminently appreciated by Faisalabad industrialists.
GSP Plus status will enable duty free access to nearly 6,272 items of the country in more than 27 EU countries. PHOTO: FILE
FAISALABAD:
Government’s efforts for the unprecedented success in getting the
GSP Plus Status to Pakistan was eminently appreciated by Faisalabad industrialists.
Faisalabad Chamber of Commerce and Industry (FCCI) President Engineer Suhail Bin Rashid said that this was a landmark achievement for the government and business community as it will enable duty free access to nearly 6,272 items of the country in more than 27 EU countries.
“Besides enhancing exports by about $1 billion per annum and generating employment opportunities for 100,000 people, it will generate higher direct and indirect economic activities in the country,” said Rashid, adding that this will pave the way for much required Foreign Direct Investment (FDI) in Pakistan.
Published in The Express Tribune, December 14th, 2013.
Government’s efforts for the unprecedented success in getting the
GSP Plus Status to Pakistan was eminently appreciated by Faisalabad industrialists.
Faisalabad Chamber of Commerce and Industry (FCCI) President Engineer Suhail Bin Rashid said that this was a landmark achievement for the government and business community as it will enable duty free access to nearly 6,272 items of the country in more than 27 EU countries.
“Besides enhancing exports by about $1 billion per annum and generating employment opportunities for 100,000 people, it will generate higher direct and indirect economic activities in the country,” said Rashid, adding that this will pave the way for much required Foreign Direct Investment (FDI) in Pakistan.
Published in The Express Tribune, December 14th, 2013.