No Result
View All Result
Tuesday, July 1, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    File photo

    Post-mortem report of Shefali Jariwala reveals heart attack as cause of death

    JioHotstar has released the teaser for Sarzameen, starring Prithviraj Sukumaran, Kajol, and Ibrahim Ali Khan in a powerful patriotic thriller.

    Is Ibrahim Ali Khan & Kajol’s ‘Sarzameen’ anti-Pakistan?

    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

    Vicky Kaushal

    What did Vicky Kaushal say about Katrina Kaif’s feedback on his films?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    File photo

    Post-mortem report of Shefali Jariwala reveals heart attack as cause of death

    JioHotstar has released the teaser for Sarzameen, starring Prithviraj Sukumaran, Kajol, and Ibrahim Ali Khan in a powerful patriotic thriller.

    Is Ibrahim Ali Khan & Kajol’s ‘Sarzameen’ anti-Pakistan?

    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

    Vicky Kaushal

    What did Vicky Kaushal say about Katrina Kaif’s feedback on his films?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Business & Stock

EU Ambassador lauds EFP’s trade efforts

MM News Staff by MM News Staff
November 24, 2021
(fILE)

(fILE)

KARACHI: Ambassador of the Delegation of the European Union to Pakistan, Ms Androulla Kaminara, has said that the pro-active efforts of private sector representative organisations are important in ensuring a sustainable presence in the global market as well as taking maximum advantage of the trade facilitation accorded by regional blocs or by individual countries.

“The positive initiatives undertaken by the Economic Council of Employers Federation of Pakistan are a step in the right direction and are commendable,” she said.

During her visit to the EFP-EC, the EU Ambassador specifically focused on the EU GSP Plus significance and appreciated that EFP, as a constituent of ILO, is portraying the soft image of Pakistan and the endeavours of those Pakistani exporters who are seriously complying with ILO Labor Standards.

She particularly lauded the pragmatic initiatives that EFP-EC has taken regarding GSP Plus, Minerals to Chemicals, Look Africa, Electricity Markets, Tourism, and Women Empowerment. She also responded favourably to the fact that the UN Global Compact Network Pakistan is under the umbrella of EFP.

The senior EU diplomat advised that it must be incumbent upon EFP to sensitise the private sector as well as workers and government to accord serious consideration to eliminating child labour to set up a mechanism to ensure labour inspection and to enable workers to form unions.

She said it is primarily the responsibility of employers to have a positive outlook and she assured that such efforts would help Pakistan in presenting the case for grant of the next EU GSP Plus status from January 2024.

Ambassador Kaminara appreciated the fact that the Research Department of EFP-EC is an all-female department and also complimented the female researchers for preparing excellent presentations on the various initiatives of the Economic Council.

She advised the research team to also strive by themselves to assist in up scaling the output and ideas of EFP as these can do wonders for Pakistan at international forums especially with regard to women empowerment and trade and industrial development programs.

Earlier, welcoming the EU delegation, President EFP Ismail Suttar said that EFP sincerely believes that closer collaboration with European Union is the practical move forward.  He added that Pakistan has been subjected to long years of being behind international stakeholders and said it is time EFP works with European Union.

Suttar informed that EU is Pakistan’s most important trading partner, accounting for 14.3% of Pakistan’s total trade in 2020 and absorbing 28% of Pakistan’s total exports. Pakistani exports to the EU are dominated by textiles and clothing which account for 75.2% of Pakistan’s total exports to the EU in 2020.

He listed the projects currently being pursued by the Federation. He said EFP advocates that it is important for relevant international stakeholders to have further engagement since Pakistan is now at the forefront of the international community. The private sector must align itself with the compliances required within the international trade framework, he added.

 

Tags: mm news
ShareTweetSendShare
Previous Post

Drama ‘Akhir Kab Tak’ addresses bold issues which society usually sweep under the rug

Next Post

Grammy Awards 2022: Here’s the full list of nominees

Related Stories

Regulatory Duties
Business & Stock

Govt u-turn on tariff reforms: Regulatory duties retained on 300+ items

July 1, 2025
Foreign Currency Rates
Business & Stock

Foreign currency exchange rates in Pakistan, 1 July 2025

July 1, 2025
Gold Prices
Business & Stock

Gold prices surge in Pakistan, following global uptrend

July 1, 2025
Petroleum Price in Pakistan
Business & Stock

Petrol price in Pakistan sees major hike amid inflation pressure

July 1, 2025
Business & Stock

Finance Bill 2025-26 to come into effect from 12am

June 30, 2025
(File)
Business & Stock

Gold price increases Rs800 per tola

June 30, 2025
(File Photo)
Business & Stock

PSX crosses 125,000 points amid economic optimism

June 30, 2025
Business & Stock

Saudi Riyal to PKR rate today – June 30, 2025

June 30, 2025
Forex rates in Pakistan today
Business & Stock

Forex rates in Pakistan on Monday – June 30, 2025

June 30, 2025
Business & Stock

Pakistan secures $3.4 billion loan extension from China

June 30, 2025
Next Post
2022 Grammy Awards will take place in Los Angeles next year (GRAMMY.com)

Grammy Awards 2022: Here’s the full list of nominees

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

Attack on Gaza
Top News

Israel attacks Gaza again: 95 Palestinians martyred, death toll exceeds 56,000

by MM News Staff
July 1, 2025
Regulatory Duties
Business & Stock

Govt u-turn on tariff reforms: Regulatory duties retained on 300+ items

by MM News Staff
July 1, 2025
Foreign Currency Rates
Business & Stock

Foreign currency exchange rates in Pakistan, 1 July 2025

by MM News Staff
July 1, 2025
Gold Prices
Business & Stock

Gold prices surge in Pakistan, following global uptrend

by MM News Staff
July 1, 2025
Petroleum Price in Pakistan
Business & Stock

Petrol price in Pakistan sees major hike amid inflation pressure

by MM News Staff
July 1, 2025

Opinion

Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
munir ahmed oped
“Run Lola Run” – More than a movie to cultural bridging
June 27, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

(File Photo)
Top News

Weather forecast for Karachi today

by MM News Staff
June 30, 2025

The Pakistan Meteorological Department (PMD) has predicted partly cloudy and humid weather for Karachi...

Rain

Monsoon showers hit Karachi, more rain expected in coming hours

June 28, 2025
file photo

Showers continue across Karachi, bringing relief from the heat

June 27, 2025
file photo

Will Karachi receive more rain today?

June 27, 2025
See all

Prices

Foreign Currency Rates
Business & Stock

Foreign currency exchange rates in Pakistan, 1 July 2025

by MM News Staff
July 1, 2025

Foreign exchange rates significantly influence both global and local economic landscapes. They affect everything...

Gold Prices

Gold prices surge in Pakistan, following global uptrend

July 1, 2025
Petroleum Price in Pakistan

Petrol price in Pakistan sees major hike amid inflation pressure

July 1, 2025
Online/File photo

Govt end electricity duty from power bills

June 30, 2025
See all

Transport News

(APP)
Transport

Rs150 billion approved to make Rawalpindi a ‘signal-free’ city

by MM News Staff
June 29, 2025

The Punjab government has approved a record-breaking development package worth Rs.150.0 billion for Rawalpindi...

file photo

Pakistan set to launch train service from Lahore to Russia next month

June 29, 2025
Maryam Nawaz

Maryam Nawaz orders 240 electric buses for South Punjab districts

June 28, 2025

Two planes avoid major accidents following bird strikes at Karachi airport

June 27, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.