A monitoring delegation from the European Union (EU) came to Pakistan on Wednesday to evaluate the successful application of the 27 international agreements that Pakistan is a signatory.
The representatives come from the European External Action Service (EEAS) and the Directorates-General for Trade and Employment, Social Affairs, and Inclusion of the European Commission.
To help the eradication of poverty, sustainable development, and their involvement in the global economy as well as to strengthen good governance, the GSP+ (Generalized Scheme of Incentives Plus) offers extensive tariff preferences for imports into the EU from vulnerable developing countries.
For 66% of the tariff lines, eligible nations like Pakistan could export goods to the EU market duty-free.
The fulfillment of 27 international conventions on human and labor rights, environmental protection, combating climate change, and good governance are prerequisites for receiving this preferred status.