Pakistan, April 24 -- The first high-level EU-Pakistan Business Forum (EU-PKBF), designed to strengthen economic and business ties and unlock investment and trade will be held in May, the EU press office said on Wednesday, adding that the platform would also mark the official launch of the EU-Pakistan Business Network.
Pakistan has become the largest beneficiary of the EU's GSP+ trade scheme in recent years, with its businesses increasing their exports to the EU market by 108 percent since the launch of the trade scheme in 2014. In October 2023, the EU unanimously voted to extend GSP+ status until 2027 for developing countries, including Pakistan.
"The Forum will also mark the official launch of the EU-Pakistan Business Network, a dynamic...