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GSP gains and challenges

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Pakistan's relationship with the European Union under the Generalised Scheme of Preferences Plus (GSP ) has been nothing short of transformative. As the scheme's largest beneficiary, Pakistan recorded €7.5 billion in GSP eligible exports to the EU in 2024, with tariff exemptions worth approximately €732 million. The EU now accounts for 28% of Pakistan's total exports, making this preferential market access a lifeline for our economy. And the GSP arrangement has not only delivered on its........

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