Home / Knowledge / News / Textiles / 'Pakistan govt needs to negotiate for EU GSP+ package'
'Pakistan govt needs to negotiate for EU GSP+ package'
Feb '13
Dr. Cyril Nunn
Dr. Cyril Nunn
The Government of Pakistan needs to negotiate for the new Generalized Scheme of Preferences (GSP+) package with the trade divisions of the European Commission, said Dr. Cyril Nunn, German Ambassador to Pakistan.
Speaking at an interactive session on German-Pakistan relations, the ambassador said the allotment of GSP+ status to Pakistan will be mainly a political decision since it has to go through 27 national parliaments and the European Parliament and there is no shortcut to achieve the status.
He said Germany is not among the countries negotiating with Pakistan on GSP+ status on behalf of the EU, but it would use its influence to negotiate a package that suits the two parties, he added.
Talking about the trade between Pakistan and Germany last year, he said that there was a decline in Pakistan textile exporters to EU countries.
The new GSP+ ensures exporters from developing countries pay lower duties on some or all products exported to the EU market. The objectives of the EU’s new GSP are to provide GSP+ as an incentive to good governance and sustainable development as well as to make the scheme more transparent, stable and predictable.
The present GSP package allows 176 developing countries and territories to pay lower import duty on export of certain products to the EU. Whereas the GSP+, to be effective from January 1, 2014, would grant only 89 countries with tariff preferences on imports, which includes 49 least developed countries under Everything-but-Arms (EBA) beneficiaries and 40 low income and lower middle income countries as classified by the World Bank.   

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search