By  on September 17, 2010

GENEVA — European Union leaders agreed on Thursday to give Pakistan increased market access through a “time-limited” reduction in tariffs on key product categories as part of a support package to help the country recover from the summer’s devastating floods.

The pending agreement would involve suspending tariffs on about a dozen major textile and apparel products from Pakistan worth about 231 million euros, or $300 million, annually.

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