Pakistan risks losing $1.1 billion in exports to France if it throws out the French ambassador to show its anger over the publication of blasphemous caricatures. Not only this, but trade perks with the 27-country European Union could also be at stake.“France will definitely respond if we expel the French diplomat,” said Karachi Chamber of Commerce and Industry President Shariq Vohra. “It would most likely vote against Pakistan when it sits on the EU board, which will decide Pakistan’s GSP-plus status.” GSP stands for Generalised Scheme of Preference.Right now, Pakistan exports mainly textiles to the EU under the GSP-plus status, which gives us benefits such as reduced duties. This makes our
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