{"id":22893,"date":"2026-07-17T13:03:24","date_gmt":"2026-07-17T08:03:24","guid":{"rendered":"https:\/\/pakalerts.net\/english\/?p=22893"},"modified":"2026-07-17T13:03:24","modified_gmt":"2026-07-17T08:03:24","slug":"european-commission-declares-pakistan-the-largest-beneficiary-of-gsp-scheme","status":"publish","type":"post","link":"https:\/\/pakalerts.net\/english\/?p=22893","title":{"rendered":"European Commission Declares Pakistan the Largest Beneficiary of GSP+ Scheme"},"content":{"rendered":"<p><strong>The European Commission has identified Pakistan as the largest beneficiary of the Generalised Scheme of Preferences Plus (GSP+) programme.<\/strong><\/p>\n<p>According to the Commission&#8217;s latest report, Pakistani exports worth \u20ac7.5 billion qualified for GSP+ trade preferences in 2024.<\/p>\n<p>The report stated that the scheme helped Pakistan save approximately \u20ac732 million in tariffs during the year.<\/p>\n<p>It also noted that Pakistan achieved a 95.1 percent utilisation rate of the available GSP+ trade preferences, reflecting strong use of the programme.<\/p>\n<p>According to the report, the European Union imported 28 percent of Pakistan&#8217;s total exports in 2024.<\/p>\n<p>Pakistani textiles, garments, leather products, processed food and other export goods were among the major sectors benefiting from the preferential trade scheme.<\/p>\n<p>The European Commission further stated that Pakistan has maintained ratification of all 27 international conventions linked to GSP+ and has continued to cooperate with the European Union&#8217;s monitoring mechanism.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Commission has identified Pakistan as the largest beneficiary of the Generalised Scheme of Preferences Plus (GSP+) programme. According to the Commission&#8217;s latest report, Pakistani exports worth \u20ac7.5 billion qualified for GSP+ trade preferences in 2024. The report stated that the scheme helped Pakistan save approximately \u20ac732 million in tariffs during the year. It [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":22894,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowgLK2DA:productID":"","_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":""},"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[47,46,36],"tags":[270,6132,2797,3696,11600,10648,62,9168,13125,6595,3324],"class_list":["post-22893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-important-news","category-latest","category-pakistan","tag-economy","tag-european-commission","tag-european-union","tag-exports","tag-gsp-plus","tag-international-trade","tag-pakistan","tag-pakistan-news","tag-tariff-savings","tag-textile-industry","tag-trade"],"_links":{"self":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/22893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22893"}],"version-history":[{"count":1,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/22893\/revisions"}],"predecessor-version":[{"id":22895,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/22893\/revisions\/22895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/media\/22894"}],"wp:attachment":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}