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GSP Plus status will strengthen economy: President

GSP Plus status will strengthen economy: President

PAKISTAN-POLITICS-ELECTION-PRESIDENTISLAMABAD: President Mamnoon Hussain has said that the grant of GSP Plus status to Pakistan demonstrates European Union’s confidence in the quality and competitiveness of Pakistani products.

Talking to a group of ambassadors from European countries in Islamabad Monday‚ he said the GSP Plus status would not only help boost Pakistan’s exports to the EU countries but also strengthen country’s economy.

The President appreciated the European Commission‚ European Council‚ all EU Institutions and Members of European Parliament for their continued support and assistance to Pakistan for getting GSP Plus status.

Mamnoon Hussain expressed satisfaction over the upward trajectory in Pakistan-EU relations since the return of democracy in Pakistan and hoped that these ties would continue to grow in coming days to the mutual benefit.

EU Ambassador in Islamabad Lars-Gunnar Wigemark assured continued EU support in revival of Pakistan’s economy.

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