Pakistan exports to Europe up 54 per cent

European Union Ambassador to Pakistan Jean-François Cautain has stated that Pakistan’s export to Europe has increased fifty four per cent after grant of GSP Plus status to the country.

Talking to representatives of Council of Pakistan Newspaper Editors at National Press Club in Islamabad, he said GSP plus is a great opportunity for Pakistan to enhance its export especially in the areas of textile, surgical equipment, leather and sports goods.

He said the EU is focusing on improvement of education, vocational training, women development and governance in Pakistan. The Ambassador said EU’s new engagement plan for Pakistan is moving ahead to the strategic and security level. He said this plan will further improve military to military relations between EU and Pakistan.

He said the EU will review implementation of twenty seven conventions of International Covenant on Civil and Political Rights which is a requirement for GSP plus status. Later, he also planted a sapling in the lawn of National Press Club.

Meanwhile, Chairman Board of Investment, (BOI) Zubair Gilani said that Pakistan is deeply fascinated by China’s example of industrialisation and economic wisdom.

The China Pakistan Economic Corridor (CPEC) initiative and industrial cooperation between the two nations is the first step in transforming the lives of people of the two countries, he expressed these remarks while briefing a 50-member Chinese Investment Delegation here at BoI on Thursday.

The delegation was comprised of CEOs / General Managers of Businesses from the City of Chongqing, China. Secretary BOI, Omer Rasul, Additional Secretary BOI, Muhammad Saleem Ahmed Ranjha, Executive Director General BOI, Fareena Mazhar and President of Pakistan China Joint Chamber of Commerce and Industries Faisal Afridi were also present on the occasion.

News Network International