Sri Lanka hopes to obtain EU GSP Plus this year
Sri Lanka has said it hopes to obtain the GSP Plus trade concession from the European Union (EU) by the end of this year following successful discussions held in Brussels.
State Minister of National Policies and Economic Affairs Niroshan Perera said that several rounds of discussions were held with the European Union in an attempt to regain GSP Plus.
He said that the final round of discussions held in Brussels between the EU and Prime Minister Ranil Wickremesinghe were successful.
Sri Lanka lost access to the EU GSP Plus since 2009 over human rights related issues.
Sri Lanka’s apparel sector took a severe beating as a result of losing access to the EU GSP Plus trade concession.
The new government, which took office last year, began talks with the EU to regain GSP Plus and agreed to meet most of the conditions to obtain the facility.
Sri Lanka reapplied for the EU GSP facility in June this year.
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Remember no body gives you nothing without conditions. They are after something.
Spot on, S Fernando, no doubt the bargaining chip is the Federal State demanded by TNA in the new Yahapalana Constitution.
Of course. It is very costly for developed countries to run these factories because there are lots of regulation about safety and workers rights. You cannot over crowed and there are very strict laws about minimum wage etc.
Remember what happen in Bangladesh . The building was over crowded and collapsed outpouring and killing many workers.
When in Bopal in India where the United Carbide factory explode how many people lost there eye sights.
When foreign countries give aides they want give because they love us. They know that this money does not go to who deserve that but to the politician and goverment officials. Ones they got control of these people they send untested medicine to (like horse tranquilizers ) to test on people. So of you go to one our so called doctors he got all of these at his disposable causing kidney failure etc.
Yesterday the goverment said 20% of people have mantel problems. That is due to this strong medicine. If you don’t believe me go to a town center, railway station or any road and see how people behave like lunatics.