European Commission proposes 4-year extension to GSP+

19 July 2023 04:37 pm - 5 - {{hitsCtrl.values.hits}}

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The European Commission has proposed a four-year extension to the current GSP+ scheme until 31 Dec 2027, so that countries, such as Sri Lanka, do not lose their preferential access in the interim.

The proposed extension is a result of ongoing negotiations between the co-legislators of the European Union regarding the new GSP+ arrangement, the Delegation of European Union to Sri Lanka said.

The extension of the tariff facility will grant Sri Lanka continued access to the EU markets with the same obligations under 27 international conventions, it added.

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Comments - 5

Karalasingam Sivalingam Wednesday, 19 July 2023 08:29 PM

Sri Lankans must increase exports to enhance our foreign reserves. Our exporters should endeavour in exporting quality goods.

Sam Silva Wednesday, 19 July 2023 08:40 PM

It's a proposal. We need to wait and see. This will help our country.

VRAJ Wednesday, 19 July 2023 09:02 PM

THAT, S MEANS CONTINUED SUPPORD FOR GENOCIDE

Jonathan Wednesday, 19 July 2023 11:48 PM

This must come as a severe body blow to Sajith and Anura Kumari. Thank you, Ranil.

Man Thursday, 20 July 2023 12:16 PM

Rajapakshas' lodge complains with the UN against the government of SL, before, 1994. No opposition member, does so, now. That's why they see it positively.

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European Commission proposes 4-year extension to GSP+

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