Pakistan’s trade troubles seem likely to lessen as it has successfully secured an extension in the GSP-Plus (Generalised System of Preferences) status, which gets it special tax concessions for exports in the EU market, said Governor Punjab Chaudhary Mohammad Sarwar while talking to a renowned industrialist , former President of Multan & Dera Ghazi Khan Chamber, Ex-Punjab caretaker Minister for industries Khawaja Jalal uddin Roomi at Governor House Today.The extension in GSP Plus status shows that the EU members have shown their confidence over the economic policies of PM Imran Khan, said Ch Sarwar. “I played an important role when Pakistan got the GSP Plus status and this task was given to him by Premier Imran Khan and we remained successful,” said Governor Punjab.
He said that this facility would help in strengthening country's economy and improving the condition of foreign exchange reserves besides getting an easy access to European market.
Khawaja Jalaluddin Roomi said that the extension in GSP-Plus status is actually the world community’s confidence in successful economic policies, peace and stability in Pakistan under the leadership of Prime Minister Imran Khan. Pakistan had increased its exports by 65 per cent and got benefits worth 15 billion dollars through an earlier extension in the GSP-Plus status and another benefit of 15 to 20 billion dollars is expected from the current extension that will prove to be momentous to further strengthen Pakistan economically and textile industry will create more job opportunities due to extension in GSP-Plus status.
Roomi said that Government was going to develop an industrial estate in Muzaffargarh and it must be declared as Zero-Tax zone and Plots must be allotted on concessional rates to bring an industrial revolution in this backward area.He hoped that this industrial estate would provide jobs to millions of workers of South Punjab.
During exchanging views Punjab Governor asked about the clean drinking water projects being executed in Multan Dera Ghazi Khan divisions and Balochistan province. Then Khawaja Jalaluddin Roomi praised his curiosity and said that clean water projects were running very successfully and thousands of people were taking advantage of these projects. Health authorities observed that number of Hepatitis B & C patients are falling and a healthy society was emerging in these areas due to clean water.
Governor Punjab Ch.Muhammad Sarwar said that he would soon inaugurate a number of clean water projects .