Miriam Garcia Ferrer, Trade Representative for the European Commission, has warned that Pakistan could see temporarily suspension of the Generalized System of Preferences (GSP +) status if it fails to comply with the required human rights provisions.
She stated this in response to the April decision of the European Parliament. The resolution adopted by EU addressed the issue of Pakistan’s eligibility for GSP + following an increase in the number of laws deemed discriminatory against minorities and fundamental rights.
Ferrer said that “a temporary withdrawal from GSP + status is considered a last resort when all other means of political dialogue and interaction have failed to produce the desired results.”
GSP + is an extension to GSP that provides additional trade incentives for developing countries that already benefit from the GSP. Pakistan received GSP status in 2011. The GSP+ status of Pakistan is set to expire in 2023 with expectations of renewal.
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