Interviews
Bilateral trade with Ireland & Germany soars
10 Mar '07
2 min read
Both Germany and Ireland are members of European Union custom Unions.
Pakistan is a beneficiary of "EU Generalized system of Preferences (GSP) Scheme", which allows 20 percent tariff reduction on Most Favored Nation (MFN) duties on textile and clothing and 3.5 percentage reduction on MFN duties for other eligible products. Pakistan was included in the current GSP Scheme of the EU on January 1, 2006.
But Pakistan is unable to qualify for Special Incentive Arrangement for Sustainable Development and Good Governance (GSP plus) scheme of the EU which grant tariff free treatment to imports. Therefore Pakistan has challenged the GSP plus Scheme of the EU in the Dispute Settlement Body of the WTO.
Pakistan is a beneficiary of "EU Generalized system of Preferences (GSP) Scheme", which allows 20 percent tariff reduction on Most Favored Nation (MFN) duties on textile and clothing and 3.5 percentage reduction on MFN duties for other eligible products. Pakistan was included in the current GSP Scheme of the EU on January 1, 2006.
But Pakistan is unable to qualify for Special Incentive Arrangement for Sustainable Development and Good Governance (GSP plus) scheme of the EU which grant tariff free treatment to imports. Therefore Pakistan has challenged the GSP plus Scheme of the EU in the Dispute Settlement Body of the WTO.
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