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EU to help SMEs get GSP Plus benefits
Business
February 18, 2021
LAHORE: The European Union will help local small and medium enterprises (SMEs) to get the maximum benefits from GSP Plus status, a diplomat said on Wednesday.
In a meeting with Small and Medium Enterprises Development Authority (SMEDA) Chief Executive Officer Hashim Raza on Wednesday, EU Ambassador to Pakistan Androulla Kaminara said that the union had provided GSP Plus status under 27 conditions, and Pakistan had already ratified several conditions.
Since 2014, Pakistanâs exports to the EU have increased to a substantial level and it has a bright scope for further enhancement through SMEs.