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Pakistan trade aid plan approved

[ February 2, 2012   //   Chris ]

The World Trade Organisation has approved an European Union request to temporarily lift EU duties 75 products from Pakistan to help the country recover from floods in 2010 – a plan originally formulated in November of that year. The waiver applies to 75 products from Pakistan including 20 on which tariff rate quotas would be applied instead of full liberalisation, following concerns raised by other WTO members