Activity under preparation Better Governance and Business Environment Connecting priority 1 and 3 of the MIP, Green Inclusive Growth and Governance, the objective of the action will be to support Pakistan¿s business environment and competitiveness via greening business transformation, value-addition and export diversification of its SMEs, as well as strengthen public-private dialogues to promote a better governance approach and collaboration for all. This support will leverage compliance to the GSP+ related conventions (in particular those related to environmental standards) while preparing export oriented SMEs for the plethora of EU green directives in various stages of preparation that will affect these SMEs (eg. the EU Corporate Sustainability Due Diligence Directive (CD3D) ), EU Sustainable Product Initiative, EU Digital Product Passport and the Carbon Border Adjustment Mechanism (CBAM)).