ISLAMABAD: Minister for Commerce and Investment Syed Naveed Qamar in a meeting with Executive Vice President of European Union Commission and EU Trade Commissioner Valdis Dombrovskis in Brussels expressed Pakistan’s desire to diversify its export portfolio with EU.

Commerce Minister was joined by Pakistan’s Ambassador to Belgium, Luxembourg and European Union, Dr. Asad Majeed Khan, said a press release from Pakistan’s Embassy in Belgium. During his meeting with Valdis Dombrovskis, minister underscored that GSP Plus facility had been mutually beneficial and played an important role in growth of trade between two sides.

He reaffirmed Pakistan’s commitment towards effective implementation of GSP Plus-related international Conventions and hoped that new scheme would continue to focus on its primary aims of sustainable development, good governance and poverty alleviation without overburdening partner countries with fresh conditionalities.  

Naveed Qamar stressed that investment from EU in manufacturing and agro-food sectors will help Pakistan diversify its exports to EU in a sustainable manner. While highlighting importance of Pakistan-EU trade and investment relations, Vice President Dombrovskis reaffirmed EU Commission’s interest in further strengthening this partnership.

Published in The Daily National Courier, October, 29 2022

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