Aaj English TV

Thursday, December 19, 2024  
16 Jumada Al-Akhirah 1446  

WTO: Pakistan to trade duty-free with EU

World Trade Organisation (WTO) has approved the European Union package to Pakistan.
This package will allow 76 Pakistani commodity industries to trade duty-free in the European Markets, AajNews reported.

This WTO/EU package is said to provide a fresh breather to our industry plagued by energy crisis and related stumbling blocks.

According to BA Malik a former envoy and an analysts, The agreement will fetch an additional export income of 400 million euros to Pakistan's exporters. He also observed that Pakistan's total export volume to EU market is expected to rise to 20 percent above the current figures.