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PTC pledges support to govt on GSP+ process

Business Recorder • • 1 min read

PTC pledges support to govt on GSP+ process

The Pakistan Textile Council (PTC) has offered policy, technical and coordination support to the government as it works through the next phase of the European Union’s GSP+ arrangement, Business Recorder reported. The pledge was renewed at a Karachi meeting between EU Ambassador Raimundas Karoblis and council representatives, where they discussed Pakistan’s commitments and the role of textile and apparel exports in trade with the EU.

The European Commission plans to step up discussions with Pakistan and prepare an action plan with measures, deadlines and performance indicators. PTC said continued preferential access was important for value-added exports, jobs and the wider economy, while warning that an EU-India trade agreement could add pressure on Pakistani exporters. The council also offered industry input for government coordination and highlighted the need for clear, proportionate implementation of EU requirements on product passports and supply-chain checks.

At a glance

  • PTC offered the government support on policy, technical input and coordination for the GSP+ process.
  • The European Commission plans more engagement and an action plan with measures, timelines and performance indicators.
  • PTC cited EU regulatory requirements and possible competitive pressure from an EU-India trade agreement.
Sectors:Textile CompositeApparel

Originally reported by Business Recorder

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