SL regains much-awaited GSP+ from EU

11 May 2017 08:16 pm - 27     - {{hitsCtrl.values.hits}}


Sri Lanka’s GSP+ application was approved by the Council of Ministers of the European Union (EU) Thursday evening resuming the much-awaited trade concession to the country, Deputy Foreign Affairs Minister Harsha de Silva said.

He said the concession would come into effect in less than two weeks. “It would only take 10 or 12 days for the EU to issue a gazette making it the law now. This is a huge victory for the government of Sri Lanka as well as the exporters of the country,” Dr. de Silva told Daily Mirror.

It was only in late April a resolution submitted by a group of Members of the European Parliament (MEPs) saying that the GSP+ should not be granted to Sri Lanka, was defeated by a majority of votes in the European Parliament in Belgium.

A total of 436 members voted against the resolution while 119 voted in favour. Twenty two members abstained from voting on the resolution.

Dr. de Silva was also in Belgium to assist the Sri Lankan mission in laying groundwork to defeat the resolution.

Upon returning on April 29, the Deputy Minister said that regaining the GSP+ trade concession should be used as a platform for a Free Trade Agreement (FTA) with the EU.

“The GSP+ concession will be in practice for four years at most. This is why we need to sign a FTA with the EU,” Dr. de Silva told a news briefing held at the Foreign Ministry.

The GSP+ allows a developing country to pay less or zero duties on its exports to all 28 EU member-states.

The EU withdrew the GSP+ trade facility given to Sri Lanka in 2010 owing to ‘significant shortcomings’ in respect of the country’s implementation of three UN human rights conventions relevant to qualify for the benefits under the scheme. (Lahiru Pothmulla)

  Comments - 27

  • karsha Friday, 12 May 2017 11:27 AM

    this the way JO has taught people to think

    karsha Friday, 12 May 2017 11:28 AM

    H ha ha Ho ho ho Iam in

    karsha Friday, 12 May 2017 11:31 AM

    looks like another JO supporter

    Freddy Yong Friday, 12 May 2017 12:16 PM

    Please add Professor 'foot- in -mouth Peiris to this list. When we lost the concession, the man said - oh, we don't care, we will be better off without it - a case of sour grapes. Over to you, Prof. 'foot - in - mouth.

    Banda Friday, 12 May 2017 12:23 PM

    JO idiots are not going to say anything positive. At last seen some positive news fro sri lankans and people working with exports

    sanath Friday, 12 May 2017 12:31 PM

    This is excellent for the country.

    C.K.Lankaputhra Friday, 12 May 2017 01:01 PM

    What a great consolation. Thousands of men and women who lost their jobs in gatment factories will regain them soon.

    Kadiya Thursday, 11 May 2017 08:58 PM

    I would like to know what the JO will say about this especially Gammanpila who has something to say about everything!!!

    AjithZ Thursday, 11 May 2017 09:04 PM

    Congratulations to all who worked hard to achieve this goal.

    Rishi Thursday, 11 May 2017 09:16 PM

    great news

    TopCat Thursday, 11 May 2017 09:18 PM

    The JO should by now know it is easy to lose the GSP that gaining it. This is a fact in life, easy to lose and difficult to get is back.

    Simple Simon Thursday, 11 May 2017 09:20 PM

    Now the foolish JO gang will tell that the country has been sold. For their eyes, anything done by this government is wrong.

    Gayan Thursday, 11 May 2017 09:26 PM

    Now we can become the next singapore by selling garments.

    VMS Thursday, 11 May 2017 09:35 PM

    Great news. I thank both MS and RW for getting this. We are moving in the direct path. I wonder what JO is going to say for this. People of Sri Lanka cannot be fooled by JO any more.

    ceylon Thursday, 11 May 2017 09:38 PM

    how difficulties suffered the country by some criminals in government and military killedburnedraped our own citizens for no reasons but inhumanity. via DM Android App

    ceylon Thursday, 11 May 2017 09:41 PM

    finaly got it due to improving respect for human lost a lot.killers and destroyers will suffer sooner or later. via DM Android App

    Rachel clements Thursday, 11 May 2017 10:16 PM

    Congrats well done please work hard

    Sarath Thursday, 11 May 2017 10:20 PM

    Thank you for the commitment to democracy and economic opportunities President, Prime Minister, Foreign Minister and all others who were involved!

    Gamini Thursday, 11 May 2017 11:05 PM

    Thank you Dr. Harsha for going out of your way to obtain this concession.

    Lankan Friday, 12 May 2017 12:23 AM

    Woow wonderful news. Best news for a while. Hats off to all who worked hard. Congrats via DM Android App

    Simple Simon Friday, 12 May 2017 12:39 AM

    Thank you Harsha. We know you did lot of back stage work to get this.

    Dee Friday, 12 May 2017 12:56 AM

    This is a "videshiya kumanthranaya" lets all take to the streets and ruin what's left of this country, in proper Jo style.

    Lal Friday, 12 May 2017 01:11 AM

    GSP plus includes hundreds of non-garment products

    not a JO supporter Friday, 12 May 2017 01:20 AM

    gsp is not limited to garments.

    Sylvia Haik Thursday, 18 May 2017 05:45 PM

    Now overseas investments are sure to follow and it is time we reviewed our facilities for the overseas investor.

    Yeti Friday, 12 May 2017 06:28 AM

    JO, one wicket down!!!

    Anj Friday, 12 May 2017 06:49 AM

    Since 8 jan it is being granted via DM Android App

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