European Union has recently granted GSP Plus status to Pakistan for market access. After the tax free facility, the exporters and traders are contacting the European markets and business concerns.
Some of the Pakistani companies have received orders from different countries. The companies are busy to improve the quality of their products and to supply the orders on time.
With the GSP Plus status Pakistan would have great opportunity to compete with China. This would provide equal footing and level playing field. Now it depends on companies to capture these markets. and proliferate these with their products. The government is also hopeful that exporters will take advantage of this golden opportunity of tax free trading and earn foreign exchange.
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