Pakistani finally succeeded in getting GSP Plus status from the European Parliament. The GSP Plus status would allow duty free access to Pakistani products in EU markets.
The EU parliament took the decision with 406 votes and the facility would be available to Pakistan from first of January next year until 2017. Now Pakistan can export its items to 27 countries without have to pay duties.
The GSP Plus is granted to those countries that ratify and implement international conventions relating to human and labour rights, environment and good governance.