State Dept Fields Question on its Interest in Giving GSP to Pakistani Textiles
During a February 15, 2012 press briefing, the State Department was asked whether the U.S. was currently advocating for Congress to extend Generalized System of Preferences (GSP) status to Pakistani textiles. A State Department official responded that Pakistan is currently…
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already a beneficiary of the GSP program, which provides tariff relief - including for a limited number of textile products - for many countries. The official stated that the department is continuing to work with Congress to find ways of extending additional trade preferences to Pakistan. According to the official, the department shares Pakistan's desire to transition the countries' relationship from aid to private sector investment and trade, which the department believes will be more stable and mutually beneficial in the long term.