KATI urges to reap benefits of GSP Plus status

President of Korangi Association of Trade & Industry (KATI), Senior Vice President Salman Aslam and Vice President of the association Junaid Naqi urged for policy reforms to attain benefits of GSP Plus status. In a joint statement it was learned that previously required measures wasn’t taken to take benefits of the status and market access to EU. Tariq Malik said that since many years Pakistan couldn’t achieve export targets, now extended status of GSP Plus is providing another opportunity to step forward.

He said upcoming budget would be presented in an election year, to address problems of industry and trade community along with other issues will be a great challenge for the political leadership. He said that a comprehensive strategy is a need of time to attain benefits of GSP Plus status and government should take required measure as soon as possible.

Tariq Malik praised the efforts of Minister of Commerce Pervaiz Malik and Federal Secretary Commerce Younus Dhaga for extension of GSP plus Status. He urged that to achieve this opportunity a great deal of reforms in economic policy and Trade strategy should be made on priority bases.

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