EU assistance strengthening economy’

EU assistance strengthening economy’

ISLAMABAD: Commerce Minister Khurram Dastgir Khan said on Tuesday that European Union’s Trade Related Technical Assistance (TRTA-II) programme has helped in strengthening capacity of Pakistani business and trade community to participate in global trade.

At the closing event of the TRTA-II programme, the minister apprised the participants that the incentives offered to manufacturers and exporters in the recently approved Strategic Trade Policy Framework 2015-18 are intended to introduce international best practices, raise the standards of products, technology up-gradation, acquire internationally recognised certifications and creation of brands.

The first TRTA programme was implemented by the International Trade Centre (ITC) in collaboration with the Ministry of Commerce.

The aim of the TRTA programme was to strengthen the capacity of Pakistan to participate in international trade.

Addressing at the event, Secretary Commerce, Azmat Ali Ranjha appreciated the work done by the ITC for trade policy formulation and strengthening of attached departments of the commerce ministry including the Pakistan Institute of Trade and Development and Trade Dispute Resolution Organisation (TDRO).

The TDRO law is very important for swift, efficient and cost-effective settlement of disputes. He appreciated the technical assistance provided by TRTA-II programme for TDRO draft law.

The secretary hoped that EU would come up with a new programme to add on the achievements of the TRTA-II.

The Ambassador of the European Union delegation, Jean Francois Cautain stressed that the EU would continue to support Pakistani business community for taking full advantage of the GSP+ scheme.


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