KARACHI: Commerce Minister Khurram Dastagir has said that the exports of Pakistan to the European Union rose 20 per cent to $6.38 billion during the first 10 months of 2014 from $5.3bn last year.
During a seminar where the ‘Business Guide for GSP+’ was also launched, the minister said the preferential tariff scheme boosted export of textile, leather goods, footwear and plastic products.
Pakistan’s exports to the 28-nation European bloc was falling before the GSP+ status, he said, particularly when the Drug Related Arrangement was terminated in 2005. As a result tariff concessions granted in certain product categories were withdrawn. It landed Pakistan in a difficult situation as it had to compete with much stronger economies like India, Brazil and China for market share.
Mobilink Bank establishes “Center of Excellence for Women” at Arid University
RAWALPINDI: Mobilink Bank, Pakistan’s leading digital microfinance bank, has reaffirmed its commitment to women’s financial inclusion with the launch of...