No US GSP for SL, other countries from 2018

29 December 2017 12:07 pm - 17 - {{hitsCtrl.values.hits}}

A A A

The US Generalized System of Preferences (GSP) program for Sri Lanka and other beneficiary countries would expire on December 31, 2017, as the US Congress did not re-authorize GSP before adjourning for the year, the US Embassy said today.

Accordingly, the immediate effect of GSP expiration is that the GSP eligible imports to the US from Sri Lanka and other GSP beneficiary countries and territories will be subject to non-preferential duties beginning January 1, 2018

In a statement, the embassy said the US is proud to serve as the top export market for Sri Lanka. According to the Global Trade Atlas, in 2016, the US imported $2.8 billion of Sri Lankan goods.

“The US Customs and Border Protection’s web site has a page dedicated to GSP program information with detailed information on importation procedures during a program lapse,” the statement said.

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

Comments - 17

nick Friday, 29 December 2017 12:17 PM

sooner or later u.s going to be isolated from the world they will become number two of north Korea now countries are developed u.s no longer treat them like beggars or slaves this trump lives in a 18th century via DM Android App

malik Friday, 29 December 2017 02:00 PM

Good News for SL, Finally we can stop bad addiction and diversify

Peter Parker Friday, 29 December 2017 06:01 PM

In your dreams.

Sampath Friday, 29 December 2017 12:32 PM

Consequences for voting against Trump's decision for Jerusalem issue. Nevertheless, Sri Lanka made the right call.

Prasad Friday, 29 December 2017 01:28 PM

Bad foreign policy again us is going to inward position to away from international baggage.Never us will be going to crisis they are now at historical top ratios of economy.Now face the consequences.Srilanka should be abstained from voting.

Consequence Friday, 29 December 2017 01:43 PM

Consequence of leaning towards CHINA.

Not really Friday, 29 December 2017 07:52 PM

No because of siding with barbarians

PREDICTOR. Friday, 29 December 2017 05:35 PM

BULLYING WILL LAST ONLY TILL. DECEMBER 2020. THERE AFTER NO MORE TRUMP. via DM Android App

cn Friday, 29 December 2017 07:53 PM

Well I am not sure about that. Trump has a solid 35 to 40% of voter base in United States. It will be hard to beat Trump come 2020 as economy is booming and unemployment rate is down to historical levels...voters may keep the congress in the hands of the Dems to keep Trump and his tweets in check.

Sam NYC Friday, 29 December 2017 08:06 PM

Bro, before you worry about Trumps 2020, Worry about MS/RW 2018:)

Mason Friday, 29 December 2017 05:47 PM

Developing Countries have to depend on aid etc. until they can stand firm on their own feet. The management of economical affairs by Sri Lankan State leaves room for much to be desired, and it will be ages before we have a strong economy, if at all we do. In the circumstances, it is better not to bad mouth other Countries who are in a better position than us, and who could do us harm.

Gayan Friday, 29 December 2017 06:29 PM

Never trust the Yankee.

Nirmalan Dhas Friday, 29 December 2017 06:49 PM

There is nothing to worry because China will give us better terms than USA.

concern Friday, 29 December 2017 07:21 PM

The new slogan is "America First " .Also we are showing we are doing well our people purchasing expensive cars worth Rs.100 millions

Park Friday, 29 December 2017 07:26 PM

Trump has made US a "Pariah State", he has threatened every UN member. He has also made it easy for China to take the leadership in the world and also made sure that Russia has once again risen from the ashes.

ravin Saturday, 30 December 2017 07:45 AM

Though they announce it as a new news item it was their in trump's presidential policy statements. US first policy. Not a new news.

Sambo Saturday, 30 December 2017 08:03 AM

The Trump administration is making enemies around the world by the day. This shows donations are made with a string attached to it and he thinks the world should vote for any stupid actions taken by the US. We see the US influence around the world is dropping fast and will benefit China and Russia.

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.

No US GSP for SL, other countries from 2018

Comments - 17

Add comment

RECOMMENDED

‘Spike in blast fishing’ poses renewed threats to Sri Lanka’s marine ecosystems

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Most Viewed in News

SL on alert on possible genocide allegations by Canada

Ranil Wickremesinghe caravan moves on despite barking dogs

Complaint lodged over Piumi Hansamali's possession of Gota’s Range Rover

Man who jumped off Sri Pada Uda Maluwa and went missing, found

Gota fires back at Cardinal, rebuts allegations

Two racing drivers arrested over Fox Hill tragedy

MIRROR CRICKET

Sahan Arachchige to lead Sri Lanka ‘A’

Is Chamari Athapaththu Sri Lanka’s greatest cricketer ever?

Athapaththu back atop ICC Women’s ODI Batting Rankings

Chamari Athapaththu sets big goal for T20 World Cup

TODAY'S HEADLINES

Sri Lanka to establish new energy sector regulator

Cabinet nod to transfer China-built Mattala airport’s management to Indian, Russian joint venture

Sajith never attends dinners hosted by Ranil Wickremesinghe

One soldier dead, nine injured in road crash

Sahan Arachchige to lead Sri Lanka ‘A’

Dates confirmed for 78th Bradby Shield

SLAS appoints independent committee for investigation

Pakistan lose key players for last two T20Is against New Zealand