European Commissions suspends Pakistan’s GSP+ status on concerns of ethanol dumping

In Pakistan, the Daily Times newspaper reports the European Commission has ruled to postpone the country’s GSP+ status that allowed it duty-free ethanol exports following complaints from France, Germany, Spain, Italy, Hungary, and Poland. In May 2024, the countries alleged that Pakistan’s industrial ethanol exports caused damage to their local markets. Fuel ethanol is still allowed to enter duty free if it achieves sustainability standards, which so far no production in the country can achieve.