Sri Lanka to get GSP Plus with dawn of 2017: Gamage

13 September 2016 12:05 am - 0     - {{hitsCtrl.values.hits}}

A A A

By Supun Dias
Sri Lanka will be able to regain the GSP Plus status from the European Union (EU) by February next year, according to Primary Industries Minister Daya Gamage. 
Gamage said that once GSP Plus is obtained, Sri Lanka will be able to double its exports by 2020. He also said that the government has identified a large number of primary industries which could be developed in order to meet this target and such schemes are already underway in full steam. 
Recently, Sri Lanka made an official application to regain the GSP Plus status from the EU. It allows developing countries to pay less or no duties on their exports to the EU. 
The Sri Lankan exporters have estimated the benefit to be in the range of above US $ 500 million annually.
Sri Lanka lost the EU GSP Plus when the former Rajapaksa government was in office for failing to meet several conditions related to human rights.
He made these comments at the Annual General Meeting of the Sri Lanka – Greater Mekong Subregion Business Council.

 

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




What happened at Mahara: Conspiracy OR sudden unrest ?

A violent protest erupted in one of the country’s largest high security pri

No money, paddy or rice

As President Gotabaya Rajapaksa completes his first year in office, the Consu

COVID-19: We can’t prevent new outbreaks

Once again, emphatic declarations are being made that there are zero risks of

Gotabaya Govt’s pre-emptive strike against LTTE Maaveerar Naal

November 27th 1989 was the day on which the Liberation Tigers of Tamil Eelam

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.