Re­vival of Amer­i­can GSP sta­tus de­manded

Enterprise - - News -

Pres­i­dent FPCCI, Zakaria Us­man has called for the re­vival of Amer­i­can GSP sta­tus to Pak­istan, re­al­iz­ing that Pak­istan has been play­ing a front-line role in the war against ter­ror­ism and fac­ing se­ri­ous so­cial and eco­nomic prob­lems.

“GSP sta­tus has been ex­pired for a long time and we are still wait­ing for its re­vival,” he said dur­ing a meet­ing with Chad Peter­son, Po­lit­i­cal and Eco­nomic Chief of US Con­sulate Gen­eral at the Fed­er­a­tion House.

Zakaria Us­man said the United States Gov­ern­ment should ac­knowl­edge that the Pak­istan army is still fight­ing a de­ci­sive bat­tle in North Waziris­tan to elim­i­nate ter­ror­ism and the coun­try is in­cur­ring huge ex­penses on war against ter­ror­ism. As a re­sult, it is fac­ing a great task of set­tling in­ter­nally dis­placed per­sons (IDPs).

He said Pak­istan is play­ing lead­ing role at dif­fer­ent re­gional plat­forms and hav­ing their head­quar­ters here like SAARC Cham­ber of Com­merce, D-8 Cham­ber of Com­merce and Is­lamic Cham­ber of Com­merce. The chair­man­ship of the ECO Cham­ber of Com­merce will be trans­ferred to Pak­istan as well for a pe­riod of three years.

Pak­istan has a great po­ten­tial for trade with other coun­tries as it has spe­cial­ized in dif­fer­ent fields like tex­tile, sur­gi­cal, sports and leather and di­ver­si­fy­ing its ex­ports from tra­di­tional to non-tra­di­tional items.

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