Pakistan aims to launch the Better Work Program (BWP to enable it to achieve decent work standards, especially in the export-oriented textiles and apparel sector, as per a report by the Ministry of Commerce (MoC).

Titled, “GSP+ Insights Pakistan”, the report further revealed that the country is co-funding ILO BWP through Export Development Fund, with support from European Commission.

According to the statistics mentioned in a report, Pakistan’s exports to the EU have increased from €3.56 billion in 2013 to €6.64 billion in 2021, registering an increase of 86 per cent.

While Pakistan’s imports from the EU member states have also increased from €3.31 billion in 2013 to €5.59 billion in 2021, which represents an increase of 69 per cent.

Since 2013, EU’s exports to Pakistanhave increased substantially in many sectors including machinery (49 per per cent) Iron & Steel (114 per cent) Pharmaceuticals (143 per cent) Plastics (79 per cent ) and medical measuring instruments (45 per cent).

Exports to 12 EU member states that have increased by more than 100 per cent include Poland, Hungary, Bulgaria, Denmark, Ireland, Cyprus, Spain, Netherlands, etc.