POLICY LESSONS FOR UPGRADING ECONOMIC AGENDA IN PAKISTAN-EU RELATIONS

Author:  Muhammad Taimur Fahad Khan

Research Associate

Centre for Strategic Perspectives (CSP), ISSI

Edited by Dr Neelum Nigar

Published: January 6, 2025

 

The European Union (EU) is one of Pakistan’s largest trading partners, accounting for over 15% of its total exports.This is notwithstanding the fact that overall exports to the EU from Pakistan dropped slightly to $6.1 billion from $6.3 billion in 2024.

The trade relationship is characterized by challenges such as limited export diversity, compliance with stringent EU standards, and an evident lack of institutional readiness. Pakistan’s economic agenda with the EU can be upgraded by addressing foundational issues, leveraging new opportunities in green and digital economies, and adopting strategic policy reforms.

This Issue Brief outlines actionable lessons for Pakistan, supported by examples and data to strengthen its partnership with the EU, and identifies key strategies to align Pakistan’s policies with global trends while addressing domestic challenges that hinder progress.

For full article, please open the link:

https://issi.org.pk/wp-content/uploads/2025/01/IB_Taimur_Jan_6_2024.pdf

 

The article was published by the INSTITUTE OF STRATEGIC STUDIES ISLAMABAD - ISSI

IRSEA and ISSI are partners.

The opinions expressed in this article are the author’s own and do not necessarily reflect the official policy, position or view of IRSEA.