UK to Roll Out its Own GSP Scheme for Developing Countries - Android

The United Kingdom (UK) will roll out its own GSP scheme for developing countries including Pakistan, said Advisor to Prime… Read More

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The United Kingdom (UK) will roll out its own GSP scheme for developing countries including Pakistan, said Advisor to Prime Minister on Commerce and Industries Razak Dawood.

The Advisor took to Twitter on Monday saying that UK’s Foreign and Commonwealth Office (FCO) has assured the Ministry of Commerce that post-Brexit, GSP+ concessions for Pakistan will continue till December 31, 2020.

“UK will then roll out its own GSP scheme for developing countries including Pakistan”, said Dawood, adding that UK has been Pakistan’s top export destination with over 90 percent exports under GSP+. The Advisor further said that discussions on bilateral arrangements are underway.

UK will then roll out its own GSP scheme for Developing countries incl. Pakistan. Discussion on bilateral arrangements underway. 2/2 @ansukhera @pid_gov @RadioPakistan @PTVNewsOfficial @ImranKhanPTI @PTIofficial @aliya_hamza

— Abdul Razak Dawood (@razak_dawood) March 9, 2020