Pakistani exporters were using only ten percent items from the list of 3,400 products which are allowed duty free in US market under Generalized System of Preference (GSP). This was stated by Deputy Assistant U.S. Trade Representative for South and Central Asia, Mara Burr while addressing Pakistan businessmen from USA via video link from Washington at a roundtable hosted by US Consulate in Karachi on “Expanding and Diversifying Pakistan’s Exports to the United States” at a local hotel on Tuesday. She said that lack of awareness about GSP among Pakistani exporters was the major reason for meager utilization of duty free trade access facility. She underlined the need for introduction of transparent laws and simple legal arbitration procedures to attract US investment into Pakistan.
Ms Burr noted that Pakistan’s exports to USA can be expanded by supporting Pakistani women entrepreneurs and small and medium enterprises (SMEs).
