Question

Why it is important that Pakistan trades both imports and exports with the EU?​

Answer 1

Explanation:

• The EU is Pakistan's most important trading partner, accounting for 12.8% of Pakistan's total trade in 2015 and absorbing 23.7% of Pakistan's total exports.
• The EU is Pakistan's most important trading partner, accounting for 12.8% of Pakistan's total trade in 2015 and absorbing 23.7% of Pakistan's total exports.In 2016, Pakistan was the EU's 41th largest trading partner in goods accounting for 0.3% of EU trade.
• The EU is Pakistan's most important trading partner, accounting for 12.8% of Pakistan's total trade in 2015 and absorbing 23.7% of Pakistan's total exports.In 2016, Pakistan was the EU's 41th largest trading partner in goods accounting for 0.3% of EU trade.Pakistani exports to the EU are dominated by textiles and clothing, accounting for 82% of Pakistan's total exports to the EU in 2016.
• The EU is Pakistan's most important trading partner, accounting for 12.8% of Pakistan's total trade in 2015 and absorbing 23.7% of Pakistan's total exports.In 2016, Pakistan was the EU's 41th largest trading partner in goods accounting for 0.3% of EU trade.Pakistani exports to the EU are dominated by textiles and clothing, accounting for 82% of Pakistan's total exports to the EU in 2016.Pakistan's imports from the EU are mainly comprised of machinery and transport equipment (40.2% in 2016) as well as chemicals (19.5% in 2016).
• The EU is Pakistan's most important trading partner, accounting for 12.8% of Pakistan's total trade in 2015 and absorbing 23.7% of Pakistan's total exports.In 2016, Pakistan was the EU's 41th largest trading partner in goods accounting for 0.3% of EU trade.Pakistani exports to the EU are dominated by textiles and clothing, accounting for 82% of Pakistan's total exports to the EU in 2016.Pakistan's imports from the EU are mainly comprised of machinery and transport equipment (40.2% in 2016) as well as chemicals (19.5% in 2016).From 2006 to 2016, EU28 imports from Pakistan have almost doubled from €3,319 to €6,273 million. The growth of imports from Pakistanhas been particularly fast since the award of GSP+ (€5,515 million in 2014).

Hope this will help you

Answer 2

Answer:

The EU supports Pakistan's integration into the world economy and its sustainable economic development by granting it GSP+ trade preferences. Thanks to GSP+ more than 76% of Pakistan's exports, including textiles and clothing, enter the EU duty and quota free. This represents almost 20% of Pakistan's exports globally.

Explanation:

hope it helps!

mark as brainliest