European Commission trade spokesperson Miriam Garcia Ferrer has said that Pakistan’s GSP Plus (GSP+) status can be suspended temporarily if it doesn’t comply with the human rights conditions attached to it, reported GEO NEWS.
The European Parliament adopted a resolution in April, calling for a review of Pakistan’s eligibility for the GSP+ status after citing an increase in laws that it saw as discriminatory towards minorities and fundamental rights.
“A temporary withdrawal of the GSP+ status is believed to be the last resort when all other means of political dialogue and engagement do not produce necessary results,” Ferrer told the GEO NEWS.
The GSP+ is a special component of the GSP scheme that provides additional trade incentives to developing countries already benefitting from GSP.
The GSP+ status granted to Pakistan requires the country to demonstrate progress on the implementation of 27 international core conventions. Failure to do so may lead to the suspension of the status.
Courtesy: GEO NEWS