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Exports to Europe dip despite GSP+

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Dawn
“Exports to Europe dip despite GSP+”

ISLAMABAD: Despite having Generalised Scheme of Preferences (GSP+) status, Pakistan’s exports to major western and eastern European markets fell in the first quarter of 2026-27 compared with the previous year. Overall exports to Europe dipped modestly, with a slight increase in proceeds from southern and northern European countries during the July-September quarter, raising serious concerns for policymakers. The ongoing Middle East conflict has accelerated the decline in exports to these…

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