GSP Archives - Lanka Business News

June 6, 2023

With the current GSP+ regulation set to expire by the end 2023, it is imperative that Sri Lanka takes measures to secure concessionary access to the European market. Securing GSP+ depends on Sri Lanka upholding the already ratified conventions spanning human rights, labour, environment and governance. If Sri Lanka is to lose […]

February 11, 2022

By Felix Fernando Much has been said of the potential economic costs to Sri Lanka, of losing the Generalised Scheme of Preferences (GSP) Plus trade concessions to the European Union (EU). While these costs will be high, the social and human costs are likely to be even greater. Considering official statistics […]

October 26, 2021

By A. Sukumaran – Chairman, Joint Apparel Association Forum (JAAF) The recent European Union (EU) monitoring mission visit to Sri Lanka on the Generalised Scheme of Preferences (GSP) Plus trade concessions scheme, has ignited much speculation locally, on the potential costs of losing GSP+ to the EU. However, many such analyses have significantly […]

June 16, 2021

The Foreign Ministry regrets the adoption of a resolution on Sri Lanka in the European Parliament on 10 June 2021. The resolution entitled “The Situation in Sri Lanka, in particular the arrests under the Prevention of Terrorism Act”, contains factual inaccuracies, and does not take cognizance of the multifaceted progress made by Sri Lanka in […]

Joint Apparel Association Forum : ‘Maintaining GSP+ is Critical to Sri Lanka’s Apparel Sector’

Sri Lanka needs GSP+ now more than ever following the pandemic

Amidst pandemic-induced volatility GSP+ to the EU is critical for Sri Lanka

Sri Lanka’s Observations on the Resolution adopted in the EU Parliament (GSP+)