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European Union

European Union

  • EU reaffirms the reinstatement of GSP plus to Sri Lanka. Read more >

    EU reaffirms the reinstatement of GSP plus to Sri Lanka.

    Image: Ambassador Tung-Lai Margue. European Union Ambassador to Sri Lanka  Tung-Lai Margue’s  has reaffirmed the reinstatement of GSP Plus to Sri Lanka in his message for Europe Day. The excerpt of his message says that ” two years ago, after the election of a government with a commitment and vision to make fundamental reforms, Sri Lanka and the European Union […]

  • GSP+ and Sri Lanka; Benefits and callengers Read more >

    GSP+ and Sri Lanka; Benefits and callengers

    DRI. The Generalised Scheme of Preferences (GSP) of the European Union (EU) is a trade arrangement that allows developing countries to pay less or no duties on their exports to the EU. The EU offers GSP programmes to help vulnerable countries to reduce poverty, improve governance and foster a process of sustainable development. The Generalised […]

  • Sri Lanka gets European Union GSP+ tax concessions back Read more >

    Sri Lanka gets European Union GSP+ tax concessions back

    The European Commission today proposed that a significant part of the remaining import duties on Sri Lankan products should be removed by the European Union in exchange for the country’s commitment to ratify and effectively implement 27 international conventions on human rights, labour conditions, protection of the environment and good governance. These one-way trade preferences […]

  • Sri Lanka: EU Doubles Assistance To Rs. 34 b Read more >

    Sri Lanka: EU Doubles Assistance To Rs. 34 b

    (Prime Minister Ranil Wickremesinghe shakes hands with High Representative of the European Union for Foreign Affairs and Security Policy/Vice-President of the European Commission, Federica Mogherini, in Brussels) The European Union (EU) has nearly doubled its development assistance to Sri Lanka to € 210 million (approximately Rs. 34 billion) for the period until 2020, compared to […]

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