Brussels: European Parliament is all set to vote today on whether or not to grant GSP plus status to Pakistan.
International Trade Committee of European Parliament has already approved the Single Delegated Act aimed at giving greater trade access to 10 countries, including Pakistan, under the Generalised Scheme of Preferences (GSP Plus). Other countries are Armenia, Bolivia, Cape Verde, Costa Rica, Ecuador, Georgia, Mongolia, Paraguay and Peru.
Punjab Governor Ch Muhammad Sarwar, currently visiting European countries, has written a letter to all 766 members of the European Parliament (MEPs), giving the rationale for granting tax-free access to Pakistan to their markets.
Besides writing to the MEPs for their support, Governor Sarwar also met some influential members of the EU Parliament in Germany on Wednesday. They included David Martin, Sajjad Karim, Glenis Willmot, Timothy Kirkhope, Christopher Fjellner and Baroness Sarah Ludford.
If the EU Parliament approves the Act today, it will come into effect from January 1, 2014. It is expected that GSP+ status will boost country’s exports, help revive the economy by creating more jobs and enable the government to spend more on education, welfare and social services.