Prime Minister Muhammad Nawaz Sharif has congratulated the nation on award of GSP+ status to Pakistan. “Award of GSP+ status shows confidence of the international markets on the excellent quality of Pakistani products”, said the Prime Minister.
He further said, “gaining access to European markets was the top most priority of the government as part of the economic development agenda, which has been achieved due to continuous and hard work of the Ministers and Officials of the Ministries of Finance, Commerce and Foreign Affairs and friends of Pakistan in Europe”. This status would enable Pakistan to export more than US $ 1 Billion worth of products to the international markets. Only the textile industry would earn profits of more than Rs. 1 trillion per year.
Prime Minister also added that increase in exports would resultantly facilitate in economic growth and help in generation of millions of additional employments.