The EU's GSP+ report for 2023-25 highlights Pakistan's regression in human rights despite being the largest beneficiary, saving €732 million in tariffs in 2024. The report notes weak enforcement, rising enforced disappearances, and shrinking civic space, stating future GSP+ access depends on demonstrable progress, not just legislative promises. This pressure could strain Pakistan's export earnings and foreign exchange reserves, potentially adding volatility to the USD/PKR rate and influencing local gold prices.
بحوالہ / Source: www.brecorder.com