EU encouraged by new govt.’s positive approach in trade promotion: Envoy

23 September 2015 03:16 am - 0 - {{hitsCtrl.values.hits}}

A A A

The EU which comprises of 28 countries, is the most important and traditional market for exports from Sri Lanka, said David Daly – Ambassador of the EU and Head of the EU Delegation in Sri Lanka speaking at the NCE Export Awards Ceremony held recently.

He added that this market has a potential for Euro 02 billion for exports. “Another special feature of this common market is the applicability of the same rules and regulations in all 28 countries, including transparency, the same rules of origin, and the same duties. Also 17 countries of the EU transact business in the same common currency viz the Euro. “

In 2010, Sri Lanka lost the special GSP plus facility accorded to the country related to concessionary import duties due to her inability to conform to Human Rights and related regulations arising out of international conventions signed by the country. In recent times Sri Lanka also lost the ability to export fisheries products to the EU market due to short falls in technical compliances related to this sector including, monitoring of fishing vessels.

He stated that the EU is encouraged by the positive approaches of the new National Government related to compliance to International Human Rights and related laws, encompassed in International Conventions, as well as the maintenance of Rule of Law, Justice, and Equality to all citizens. However, he added the progress made by Sri Lanka in these aspects will be subject to stringent evaluation by the EU before the restoration once again of these facilities. He therefore, requested the exporter community to prevail upon the government the importance of making good progress related to these aspects for the economic benefit of Sri Lanka.

The Ambassador concluded his address on a positive note by stating that the EU will promote business cooperation with Sri Lanka by extending assistance in four areas. These include the grant of 8 million of Euros for the development of the SME sector to improve quality standards to enter the EU market, as well as trade policy support to facilitate trade by improving quality standards, Sanitary and Phyto Sanitary support, and sector specific business support to penetrate the advanced markets of the EU.

The Ambassador gave away the awards of the Best Sri Lankan Brand, Most Outstanding Exporter Runner up, and the Most Prestigious Award of the ‘Most Outstanding Exporter of the year.’

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 - 0

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.

EU encouraged by new govt.’s positive approach in trade promotion: Envoy

Comments - 0

Add comment

RECOMMENDED

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’

Western purple-faced langurs see blue!

Most Viewed in News

23 year old youth ends up having his testicles removed

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

A US “Kaputa”, a Lankan “Nariya” and a Presidential “Feast”

Belgian traveller scammed in Kalutara

Street food vendor arrested for verbally harassing foreigner

April 15 declared a government holiday

MIRROR CRICKET

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings

Chamodi, Dewmi spins Sri Lanka U19 Women to big win

TODAY'S HEADLINES

Debt Restructuring Talks: Bondholders Fear Regime Change Impact

Don’t be deceived by NPP and Cardinal Ranjith: UNP

Emirates halts check-in for connections, UL cancels flights to Dubai

Plans afoot to obtain “Blue Flag Beaches” certification for SL beaches

Hardik fined Rs 12 lakh for violating IPL code of conduct after win over Punjab Kings

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings