ReferIndia News EU’s GSP+ trade scheme under fire as critics allege Pakistan misuses billions for terror funding

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EU’s GSP+ trade scheme under fire as critics allege Pakistan misuses billions for terror funding

Published on: Sept. 28, 2025, 11:33 p.m. | Source: The Economic Times

Pakistan watchers allege the EU's GSP+ deal, providing $9.36 billion yearly, has failed to promote EU values, with profits allegedly funding terrorism and benefiting textile barons who violate labor rights. Despite Pakistan's non-compliance with human rights conventions and calls for revocation, the EU extended its trade preferences until 2027.

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