Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Exports to EU up by $909.07m in 9 months: Lifting moratorium on death will not affect GSP Plus

byMonitoring Report
20/12/2014
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Federal Commerce Minister Khurram Dastgir Khan has said that the lifting moratorium on death penalty will not affect GSP Plus status granted by the European Union to Pakistan.

Addressing a press conference, he said that European Union supported Pakistan in war against terror and there was no legal condition of imposing ban on death penalty under United Nations convention.

You might also like

Gold prices in Pakistan surge following global trend

21/05/2026

Mobilink Bank partners with Legal Aid Society to advance women’s inheritance rights & climate resilience in Pakistan

20/05/2026

Dastgir said the government of Pakistan People’s Party (PPP) had informally imposed a ban on death penalty which continued during their entire tenure.

Khurram said the GSP Plus incentive scheme had been voted to law for 10 years. “Prime Minister Mian Muhammad Nawaz Sharif has constituted a committee to establish treaty implementation cells in provinces for execution of human rights conventions ratified by government of Pakistan,” he added.

Briefing the media about impact of the GSP Plus status on the country’s exports, the commerce minister said that Pakistan’s overall exports to European Union had increased by $909.07 million in nine months. Pakistan’s exports to EU had increased to $5.67 billion during January-September 2014 (after getting GSP Plus status) from $4.76 billion of the corresponding period last year, showing an increase of 19.09 percent.

Khurram added that export of country’s textile products to EU enhanced by $708.02 million in nine months of the year 2014. Pakistan’s textile products exports to the European Union rose to $3.963 billion during January-September 2014 (after getting GSP Plus status) from $3.255 million showing an increase of 21.75 percent. Similarly, exports of footwear and leather to EU also increased after receiving GSP Plus status.

Tags: Exports to EUFederal Commerce Minister Khurram Dastgir KhanGSP Plus statusmoratorium on death

Related Stories

Gold prices in Pakistan surge following global trend

byCT Report
21/05/2026

KARACHI: Gold prices rebounded sharply in both international and local markets after witnessing a significant decline a day earlier. According...

Mobilink Bank partners with Legal Aid Society to advance women’s inheritance rights & climate resilience in Pakistan

byCT Report
20/05/2026

ISLAMABAD: Pakistan’s leading digital microfinance bank, Mobilink Bank, has partnered with Legal Aid Society under its Corporate Social Responsibility (CSR)...

Nepra reserves verdict on Rs1.93 per unit cut in electricity tariff

byCT Report
19/05/2026

ISLAMABAD: The federal government has started work on a plan to revise tariffs and subsidies for protected electricity consumers, while...

Over 10,000 new companies registered in Pakistan: SECP

byCT Report
18/05/2026

ISLAMABAD: Securities and Exchange Commission of Pakistan has reported a significant rise in business activity, with more than 10,500 new...

Next Post

Rs45/kg increase in 7 days: LPG rate soars to Rs150/kg, domestic cylinder at Rs1,750 in Lahore

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.