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

Neelum-Jhelum project unlikely to generate electricity before 2028

11/08/2026

SECP refers Blink Capital Management case to FIA over alleged Rs446.6m

10/08/2026

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

Neelum-Jhelum project unlikely to generate electricity before 2028

byCT Report
11/08/2026

ISLAMABAD: The Neelum-Jhelum Hydropower Project is unlikely to resume electricity generation before 2028, with repair work on the 979-megawatt facility...

SECP refers Blink Capital Management case to FIA over alleged Rs446.6m

byCT Report
10/08/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has referred the case of Blink Capital Management (Private) Limited to...

IFC invests $20m in Novatex to bolster Pakistan’s packaging exports, sustainable production

byCT Report
08/08/2026

ISLAMABAD: The International Finance Corporation (IFC) has announced an investment of up to US$20 million in Pakistan’s leading plastic packaging...

BOI Minister meets delegation of Sundar green SEZ

byCT Report
04/08/2026

ISLAMABAD: Federal Minister for Board of Investment (BOI), Mr. Qaiser Ahmed Sheikh, held a meeting with Member National Assembly (MNA)...

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.