The effect will be EUR 100 million of additi
onal exports to the European market by Pakistan, but the overall balance for the European Union will onl
y be EUR 50 million because, as a result of the more favourable position of Pakistan to export on the European
market, there will also be a certain amount of trade diversion, which means that other importers will lose some opportunities on the European
markets. So, the overall impact will be about EUR 50 million on a yearly bas
...[+++]is.