European Union relief for Pakistan in exports

After a long suffering by Pakistan in the world politics, another grant was at head by European Union in the name of trade expansion with Pakistan. The resent step taken by the bloc of 27 sates was very encouraging for Pakistan, as the ally of western. The European Union has provided a concept for concession towards the Pakistani exports in its market. 75 items relief in tariff asks for easy flow of good from Pakistan to Europe. The country, suffers a lot in; in 2010 and 2011 floods, natural disasters not only shambles the economic structure but also a social disintegration has taken place. The one sided support of European Union should be promoted as it is a step towards maintaining peace and pace between Asian states. A step toward the favor of Pakistan proved a hard pill to swallow for India an archrival, Bangladesh a unilateral state as well as Brazil and Latin American ally. Before the implementation of relief plan to Pakistan India, Brazil and Bangladesh proved hurdle in the way of Pakistan. So far, the plan was yet not implemented due to the strong opposition of these states.
The interior problems of Pakistan are so far taken place with the rise of consecutive tow terms of flood, political rivalries, deteriorating condition of Economy can be found after a long war of terrorism, in which Pakistan’s’ role was at the front line. The war against terrorism has a great impact on the social system of society because of the undue killing of innocent citizens. On the other side no one an openly resisted to invest in Pakistan. Pakistan has suffered a lot in war of terrorism; it was a step towards relief by European Union which was blocked by its foreign rivals.

No doubt, it was a step for the betterment of the economic conditions in Pakistan. Not a lot, it will prove little in the increase of export items especially textile with 20 per cent rise. But, the hurdles are at the door step of Pakistan which does not bother to allow a smaller step towards the stability of economy. With the flood and other flaws in the economy of Pakistan has made hurdles for investment in public and private sector as well. With the lack of investment leads Pakistan with in the rise of unemployment. If the European Union and America make a strategy for insuring export from Pakistan it will be considered a process of détente and economic stability. With the betterment of economic conditions and rise in the exports of Pakistan will be a step towards ensuring jobs in vast quantity and social stability as well.

Posted By

USMAN AHMAD