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Pakistan risks losing GSP status as EU looks to prepare draft report

Islamabad [Pakistan], June 25 (ANI): As the European Union (EU) looks to prepare a draft report on GSP status, Pakistan needs to work in several areas to avoid losing the special incentive arrangements of the EU that it has enjoyed for the last seven years.
The GSP is a trade and development policy instrument in place since 1971 which is set to expire on Dec 31, 2023. Pakistan, a major recipient of the GSP scheme, benefit