Exports up by 33pc after GSP Plus status

NA informed …..

Islamabad—The National Assembly (NA) was informed on Thursday that 33 percent increase has been witness in Pakistan’s exports after gaining GSP Plus status.
The National Assembly resumed its session in Islamabad with Speaker Sardar Ayaz Sadiq in the chair.
Minister for Commerce Khurram Dastgir Khan told the House during question hour that under GSP Plus status, ninety percent products of Pakistan has access to 28 European Union countries at zero rated duty.
He said the government is making efforts to further exploit the status by diversifying its exports. He said Pakistan is also exploring opportunities of exports to east European countries.
To a question, the Minister said decrease in textile exports is due to decline in international price of cotton. He pointed out that exports of rice has increased this year from July to November in terms of quantity by 21.1 percent but due to low price in international market, the exports showed decrease in terms of value.
Khurram Dastgir said through active diplomacy, government is trying to get better market access for the local businesses in international markets by concluding free trade agreements and preferential trade agreements with different countries.
Answering a question, the Minister said the government will soon launch E-Commerce framework under which the exporters can exhibit and sell their products online. He said Ministry of Commerce arranges exhibitions to encourage women entrepreneurs particularly belonging to far-flung areas to exhibit their products.
Khurram Dastgir informed the House that there is constant increase in Transit Trade with Afghanistan. He said there were apprehensions that after withdrawal of foreign forces from Afghanistan the transit trade will shift to another country but it did not happen. He said the transit trade which was 1.25 billion dollar during previous government was doubled in 2014-15 amounting to 2.55 billion dollars. He said bilateral trade with Afghanistan is also stable.
Minister for Commerce informed the House that there are 791 Pakistanis locked up in different jails of Greece on different charges. He said the Pakistani mission in Greece has requested the local authorities for updated information on these cases. He said consular access is being provided to these —SABAH

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