Karachi: The World Trade Organization’s (WTO) Council on Trade in Goods (CTG) has unanimously approved the European Union (EU) waiver on import duties for 75 products from Pakistan, allowing them to import Pakistani products at economical prices.
According to Alfalah Securities Limited, these products include certain textile products, leather goods and ethanol. The EU duty waiver on these products would enable local industries like textile and sugar industry to make their products more competitive in the international export market of EU while complying with international standards.