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EU maintains Pakistan's GSP Plus status

06:44 PM | 22 Sep, 2021
EU maintains Pakistan's GSP Plus status

Brussels – The European Commission has decided to maintain the Generalized Preferential System Plus (GSP-Plus) status of Pakistan, it emerged on Wednesday.

The commission in a statement said that it has introduced six new conventions for Pakistan that are related to providing facility to people with physical disability, tackling climate change, and child labour. 

Furthermore, it has also introduced new GSP rules in order to facilitate the low-income countries.

The announcement has ended uncertainty emerged after the EU Parliament adopted a resolution calling for a review of the Pakistan’s GSP+ status in view of a surge in the use of blasphemy accusations in the country as well as rising number of online and offline attacks on journalists and civil society organisations in May this year.

The resolution also urged Pakistani government to "unequivocally condemn" incitement to violence and discrimination against religions minorities in the country. It also expressed concerns over prevailing anti-French sentiment in the country.

The EU Parliament "calls on the Commission and the European External Action Service (EEAS) to immediately review Pakistan’s eligibility for GSP+ status in the light of current events and whether there is sufficient reason to initiate a procedure for the temporary withdrawal of this status and the benefits that come with it, and to report to the European Parliament on this matter as soon as possible", according to the resolution.

At that time, Pakistan had expressed disappointment at the adoption of a resolution at the EU Parliament on blasphemy laws in the country.

The FO in the statement said, “The discourse in the European Parliament reflects a lack of understanding in the context of blasphemy laws and associated religious sensitivities in Pakistan – and in the wider Muslim world. The unwarranted commentary about Pakistan’s judicial system and domestic laws are regrettable”.

Pakistan is a parliamentary democracy with a vibrant civil society, free media and independent judiciary, which remains fully committed to the promotion and protection of human rights for all its citizens without discrimination.

“We are proud of our minorities who enjoy equal rights and complete protection of fundamental freedoms as enshrined in the Constitution. Judicial and administrative mechanisms and remedies are in place to guard against any human rights violations.

“Pakistan has played an active role in promoting freedom of religion or belief, tolerance and inter-faith harmony. At a time of rising Islamophobia and populism, the international community must exhibit a common resolve to fight xenophobia, intolerance and incitement to violence based on religion or belief and work together to strengthen peaceful co-existence,” it said.

Pakistan and the EU have multiple mechanisms in place to discuss entire spectrum of bilateral relations, including a dedicated Dialogue on Democracy, Rule of Law, Governance and Human Rights. We would continue to remain positively engaged with the EU on all issues of mutual interest.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 25 April 2024 Forex Rates

Pakistani currency remains unchanged against US Dollar and other currencies on April 25, 2024 Monday in open market.

USD to PKR rate today

US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro comes down to 294 for buying and 297 for selling while British Pound hovers at 342.5 for buying, and 346 for selling.

UAE Dirham AED was at 75 and Saudi Riyal's new rate was at 73.30.

Today’s currency exchange rates in Pakistan - 25 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.5 280.5
Euro EUR 294 297
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75 75.8
Saudi Riyal SAR 73.30 74
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.81 748.81
Canadian Dollar CAD 201 203.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 39.93 40.33
Hong Kong Dollar HKD 35.55 35.9
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.61 912.61
Malaysian Ringgit MYR 58.28 58.88
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.46 25.76
Omani Riyal OMR 723.48 731.48
Qatari Riyal ‎QAR 76.52 77.22
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 305.43 307.93
Thai Bhat THB 7.51 7.66

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