EXPORTS OF PAKISTAN HIKED MASSIVELY IN THE EU & OTHER INTERNATIONAL MARKETS – Ukaaj.com | A great real estate is HERE !

EXPORTS OF PAKISTAN HIKED MASSIVELY IN THE EU & OTHER INTERNATIONAL MARKETS

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ISLAMABAD: Special Adviser of PM Imran Khan on Commerce and Investment, Mr. Abdul Razak Dawood, reported a significant increase in Pakistan’s exports to the European Union and other trade markets in July.
Furthermore, the export of home textiles, garments, ethyl alcohol, maize, fruits and vegetables, stockings, socks, and plastic increased in July 2021 compared to last year.
‘‘Compared to July 2020, Pakistan’s exports surpassed China, Bangladesh, Italy, The Netherlands, the U.K., Spain, and the United States.’’ he further informed through a tweet.
According to the Pakistan Business Council report, Last year, the EU extended the GSP status of Pakistan till 2022 in line with its implementation of 27 ILO conventions. Thanks to this scheme, the EU grants certain tax concessions to Pakistan’s export. There are 6 EU countries whose 80% imports comprise Pakistani products alone.

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