Sri Lanka Brief
GSP+

GSP+

  • Sri Lanka: GSP+ retention policies on track- EU Read more >

    Sri Lanka: GSP+ retention policies on track- EU

    By Uditha Jayasinghe Progress on key legislative and policy reforms needed to keep GSP+ were developing well, believes a monitoring delegation of the European Parliament, which yesterday said it remained committed to improving human rights in Sri Lanka. The six-member delegation of the European Parliament Committee on International Trade (INTA) arrived in Sri Lanka on […]

  • Fact Sheet: Sri Lanka and GSP + Read more >

    Fact Sheet: Sri Lanka and GSP +

    What is GSP +? GSP+ stands for Generalised Scheme of Preferences Plus. It is part of the EU’s wider GSP regulation, which also includes the standard GSP and Everything But Arms (EBA). GSP+ allows eligible countries to pay no duties on a wide range of exports to the EU. The countries currently benefiting from GSP+ […]

  • Sri Lanka Minister of Justice says EU and UNHRC threaten country’s sovereignty over human rights. Read more >

    Sri Lanka Minister of Justice says EU and UNHRC threaten country’s sovereignty over human rights.

    Image: Airman of Sri lanka Air Force  filming Keppapilavu civilian protest requesting hand over their land occupied by Military, Feb 217. Photo @shalin. In the wake of Sri Lanka government cosponsoring HRC 34 resolution which calls for full implementation of 2015 human rights council resolution on ‘Promoting reconciliation, accountability and human rights in Sri Lanka’ […]

  • Sri Lanka: Implementation of 27 international conventions only criteria for GSP Plus Read more >

    Sri Lanka: Implementation of 27 international conventions only criteria for GSP Plus

    The European Union issuing a press statement has  reiterated that the ratification and implementation of 27 international conventions signed by a succession of Sri Lankan governments, are the only criteria on which the Government of Sri Lanka’s application to rejoin the Generalised Scheme of Preferences Plus (GSP+) is assessed. These conventions relate to international human […]

  • 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 […]

  • Looking at Some Important Issues in Sri Lanka Read more >

    Looking at Some Important Issues in Sri Lanka

    Image: Will their prayers be answered by the authorities? Shivarathri celebrations at a Shivam temple in Colombo (c) Dinuka Liyanawatte. Gehan Gunatilleke. What’s your general take on the performance of the coalition government? We in Sri Lanka tend to understand this government purely as a coalition of political parties. But I think this is also […]

  • Norway to provide GSP+ to Sri Lanka

    CCC to discuss Sri Lanka’s eligibility for Norway’s GSP+  Since January 1st this year Sri Lanka has become eligible to the new Generalized System of Preference plus (GSP+) facility introduced by the Government of Norway and the Ceylon Chamber of Commerce (CCC) has invited members to learn more about the facility.The CCC will hold a […]

  • Death of local apparel manufacturing is nigh Read more >

    Death of local apparel manufacturing is nigh

    Int.Inves.Logo The problem with being emotional and political about an argument is that one misses some important cues that in hindsight can cause disruptive change. The current discussion on the hard hit local manufacturing sector is a case in point. In their eagernss to find an excuse for their falling fortunes, management, especially in the […]

  • Govt To Re-Apply For GSP

    The government is to re-apply for the EU GSP Plus trade concession that was withdrawn from the country in August 2010 for the non-compliance of the conditions connected to the facility, The Sunday Leader learns.Despite government claims in 2010 that the loss of the GSP Plus facility would not have a severe impact on the […]

  • Loss Of GSP Plus Takes Its Toll

     ■Factories shifting to Bangladesh – TUThe loss of the GSP Plus facility that was granted by the EU to Sri Lanka is continuing to result in the closure of factories in the country resulting in thousands of employees jobless.  It is learnt that two such factories had closed down on January 2nd since they are […]

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