Thursday, February 2, 2012
To Help Pakistan Recover from Flood, the EU Wants to Temporarily Lift Duties on Products from Pakistan
The World Trade Organization announced that the Council for Trade in Goods has approved a request by the European Union to temporarily lift EU duties on certain products from Pakistan. The proposal was designed to help Pakistan recover from massive floods in 2010. The request for a waiver from its WTO obligations was initially made by the EU on November 30, 2010 and approved yesterday by the Council for Trade in Goods. Click here for more information, including a discussion of the specific measures, reactions of other countries, and information on what happens now with the request.