KATI welcomes renewal of duty free access to US markets

Patron-in-Chief of Korangi Association of Trade & Industry(KATI) SM Muneer, President Tariq Malik, Senior Vice President Salman Aslam and Vice President JunaidNaqi welcomed the renewal of Generalised System of Preferences (GSP) eligibility of Pakistan by US, after this eligible Pakistani exports to the US market would receive duty-free treatment.

SM Muneer said that GSP facility for US markets could much helpful for the declining exports of the country, “this is good news” he said. SM Muneer also applauded the efforts of Secretary Commerce Younus Dhaga for regaining of this facility by US.

President of KATI Tariq Malik said that United States is one of the few large economies with which Pakistan runs a surplus in its trade. He said that after this facility being provided, bilateral trade and economic relations of both countries would be more strengthen. He also urged that stable law & order situation and favorable business conditions provide numbers of opportunities and prospects for US investor in Pakistan.

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