Trade with EU under ATP begins next month

LAHORE: Head of World Trade Organization cell of Trade Development Authority Pakistan (TDAP), Mujeeb Ahmed Khan, has said that Pakistan’s trade with European countries under the EU Autonomous Trade Preference (ATP) scheme will begin from November 1, 2012 and a notification to this effect is expected by the 28th of this month.

Khan was speaking at a seminar jointly organised by the Lahore Chamber of Commerce and Industry and Trade Development Authority Pakistan. “Trade Development Authority Pakistan was all set to issue online certificates from November 1 to potential businessmen interested in doing business under the EU ATP scheme,” he said.

He made it clear that for the remaining two months of the year only 25 percent of the annual quota would be made available for duty-free access while a 100 percent would be available from January 1, 2013. Khan further said that all chambers of commerce in the country would be issued guidelines for the issuance of country-origin certificates within a week. “Businessmen doing business under the EU ATP scheme would have to mention the particulars of their buyers in the EU,” said Khan.