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Evolve Thank Eu 2017
From January 01, 2014, Pakistan’s qualification as a GSP Plus beneficiary country has put Pakistan in a tremendously advantageous position. Due to GSP Plus Pakistan became the 2nd textile and garment exporting country in the South and South East Asian region which would have duty free access into the EU. Taking the overall economic perspective of Pakistan in view, this opportunity not only promised manifold increase in our exports but also acted as an instigator for; investment, both domestic and FDI, employment generation, inculcation of best practices resulting in enhanced institutional capacity and sustained economic growth. After a comprehensive overview of global trade behaviors and Pakistan’s trade ties around the world, with special focus to further strengthen these ties and to invite and motivate different countries to invest in Pakistan, it was observed that an Initiative of Recognition from business community of Pakistan towards international community was the need of the hour. To commemorate the cooperation of international community the team of EVOLVE Publication organized an event in the name of Thank EU (European Union) 2017 on Thursday, December 07, 2017 at Marriott Hotel, Islamabad from 07:00 pm to 09:00 pm. At the event, EU countries’ Ambassadors were awarded with Thank EU souvenirs.
This event helped • To recognize the special favor of EU for Pakistan in form of GSP Plus Status
• To acknowledge the support of European Union in connection with promoting trade between Pakistan and EU members as despite overall trade deficit, trade balance with European Union has been in favor of Pakistan
• To materialize the benefits of GSP Plus and address the ignored areas
• To acknowledge the humanitarian aid from EU in times of crisis
The impact of the event has been foreseen as below:
• This will be a soft Thank You from business community of Pakistan to European Union for their continuous support and cooperation
• This event will be treated as an Annual Recognition Gathering of local business community with diplomatic community
• Un-addressed areas will be explored creating new horizons of cooperation for trade and investment
In future, this event will provide a permanent annual gathering platform where discussion, recognition and cooperation will further strengthen the bilateral ties of different countries with Pakistan.
