Pakistan, July 17 -- Pakistan's latest GSP+ assessment offers a welcome measure of economic and institutional progress at a time when the country urgently needs both. The European Commission has confirmed that Pakistan remains the scheme's largest beneficiary, with €7.1 billion worth of imports entering the European Union under preferential arrangements in 2024 and a utilisation rate of 95.1 per cent, reflecting how effectively Pakistani exporters have used the access available to them.

Bilateral trade in goods reached €12.2 billion in 2025, while the EU accounted for 14.1 per cent of Pakistan's total trade. Pakistani exports to the bloc have risen markedly since the country entered GSP+, helping sustain factories, jobs and f...