Sri Lanka to remain on US GSP list

2 July 2012 04:36 am - 0 - {{hitsCtrl.values.hits}}

A A A

The United States has decided not to change the Generalized System of Preferences (GSP) benefits to Sri Lanka, and the country will continue to get GSP benefits from the US, a US trade representative said.

“The GSP country practice review on worker rights in Sri Lanka has closed without any change to Sri Lanka’s GSP trade benefits,” Ron Kirk, Trade representative for the US said.

The closure of the GSP country practice review of Sri Lanka was based on the Sri Lankan government’s noteworthy efforts to address worker rights issues over the past few years.

“This welcome outcome to the review demonstrates that GSP remains an effective tool for engaging GSP beneficiary countries on worker rights,” he added.

Commenting on this positive gain, Industry and Commerce Minister Rishad Bathiudeen said that it was a confirmation of the strong assurance given to him by Michael Delaney, Assistant US Trade Representative, South and Central Area’s Affairs, at a meeting held earlier in June.

U.S. imports from Sri Lanka under GSP totaled $135 million in 2011 and include tires, activated carbon, rubber gloves, plastic products, and kitchenware. As part of the annual GSP review, an interagency U.S. Government committee led by USTR receives and considers petitions seeking to withdraw or limit a country’s eligibility for GSP tariff benefits based on that country’s compliance with statutory eligibility criteria. One such criterion is whether a beneficiary country has not taken or is not taking steps to afford internationally recognized worker rights to workers in the country.

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.

Sri Lanka to remain on US GSP list

Comments - 0

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

Street food vendor arrested for verbally harassing foreigner

Two racing drivers arrested over Fox Hill tragedy

Racing event tragedy leaves seven dead including eight-year-old child

Ranil Wickremesinghe caravan moves on despite barking dogs

Sri Lankan among NASA’s new crew for next simulated Mars journey

New Visa procedure implemented

MIRROR CRICKET

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

How does CSK get best out of Pathirana?

TODAY'S HEADLINES

Foreign powers intensify surveillance on Presidential elections as strategic interests take centre stage

New uterine loop for monkey birth control

Sajith avoids reception hosted for Iranian President

Do not be afraid to use weapons, Minister Alles tells police

SLAS appoints independent committee for investigation

Pakistan lose key players for last two T20Is against New Zealand

Sri Lanka secures third spot in South Asian Kurash Championship 2024

Athapaththu back atop ICC Women’s ODI Batting Rankings