Government Wins EU Trade Concessions

Government efforts to win trade concessions from the EU have paid off according to a report in today’s Dawn.

“The European Council underlines its firm commitment to grant exclusively to Pakistan increased market access to the EU through the immediate and time-limited reduction of duties on key imports,” a statement by the 27 EU leaders said.

“The European Commission is invited to explore options with WTO partners and present finalised proposals in October, taking into account industrial sensitivities in the EU.”

The trade deal is worth €300 Millions in the first year alone.

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