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A significant beneficiary of European Union s GSP Plus scheme, Pakistan is having a tough time securing a renewal of the facility for the next period starting 2024.
BRUSSELS (AP) – The European Union’s (EU) executive branch recommended yesterday that the bloc suspend around EUR7.5 billion in funding to Hungary over concerns about democratic backsliding and the possible mismanagement of EU money. The European Commission, which proposes the bloc’s laws and ensures that they are respected, said it was acting “to ensure the […]