Seminar on impacts of GSP Plus status: SCCI urges govt to help boost export from KP

PESHAWAR: The Sarhad Chamber of Commerce and Industry in collaboration with the Trade Development Authority of Pakistan (TDAP) on Monday organized an awareness seminar on the impacts of GSP plus status and Free Trade Agreements (FTAs) on export promotion.

The seminar was chaired by SCCI president Fazal Moqeem Khan.SCCI senior vice president Abdul Jalil Jan, vice president Shehryar Khan, members of executive committee Saifullah Khan, Adnan Nasir, Women Chamber of Commerce and Industry president Rabia Basri, and other office-bearers attended the seminar.

Exporters including Dr Khushal Khan, Mazarul Haq, Atif Rashid Khawaja, Rashid Iqbal Siddiqui, Fazal Wahid, Faiz Rasool, Ishtiaq Muhammad Paracha and others also attended the session.TDAP Director Nauman Bashir, Deputy Director Zahid Muhammad, trainer Fazal Moqeem in the opening remarks stressed the need to reap full benefits from GSP plus status and free trade agreements to enhance the country’s exports.

They said that immense potential was available in Khyber Pakhtunkhwa that could boost exports.However, they mentioned that the export process had adversely been affected owing to imposition of two percent provincial infrastructure development cess (IDC) on exports. The SCCI president urged the provincial government to abolish the two percent cess to revive the export from the province.Senior officials of the TDAP informed the participants about the significance of GSP Plus status and FTAs.