Home
Register
Sri Lanka has a very good chance to retain GSP Plus sooner than expected European Commissioner for International Cooperation and Development, Neven Mimica said.
Speaking to Daily News Business he said that Sri Lanka is systematically and efficiently obliging necessary requirements.
“Sri Lanka is on the right track to regain trade preferences granted to the country under EU’s GSP. The EU Commissioner said they will work together with Sri Lanka for an early application. The approval process for GSP+ takes about 10 to12 months.The process is on track.”
Meanwhile the EU-Sri Lanka Working Group on Trade and Economic Cooperation met on May 11 in Brussels for the final round of talks before Sri Lanka submits its application for the GSP plus from the EU.
Deputy Foreign Minister Dr. Harsha de Silva said that Sri Lanka is now on the final leg of the GSP+ application process. “It will be made in a matter of weeks as EU and Sri Lanka are now just about ready except for a few loose ends to be tied up,” he said.
The Working Group discussed issues related to bilateral trade and investment and possible means for their promotion in a mutual beneficial manner. In particular it discussed Sri Lanka’s intention in applying for GSP+ status under the European Union’s GSP Regulation.
It took positive note of the fact that Sri Lanka had made significant progress in addressing outstanding issues towards launching an application, especially relating to the rule of law, democracy, governance and the overall situation pertaining to human and labour rights and environmental protection.
http://www.dailynews.lk/?q=2016/05/16/business/81793
Speaking to Daily News Business he said that Sri Lanka is systematically and efficiently obliging necessary requirements.
“Sri Lanka is on the right track to regain trade preferences granted to the country under EU’s GSP. The EU Commissioner said they will work together with Sri Lanka for an early application. The approval process for GSP+ takes about 10 to12 months.The process is on track.”
Meanwhile the EU-Sri Lanka Working Group on Trade and Economic Cooperation met on May 11 in Brussels for the final round of talks before Sri Lanka submits its application for the GSP plus from the EU.
Deputy Foreign Minister Dr. Harsha de Silva said that Sri Lanka is now on the final leg of the GSP+ application process. “It will be made in a matter of weeks as EU and Sri Lanka are now just about ready except for a few loose ends to be tied up,” he said.
The Working Group discussed issues related to bilateral trade and investment and possible means for their promotion in a mutual beneficial manner. In particular it discussed Sri Lanka’s intention in applying for GSP+ status under the European Union’s GSP Regulation.
It took positive note of the fact that Sri Lanka had made significant progress in addressing outstanding issues towards launching an application, especially relating to the rule of law, democracy, governance and the overall situation pertaining to human and labour rights and environmental protection.
http://www.dailynews.lk/?q=2016/05/16/business/81793
» CCS.N0000 ( Ceylon Cold Stores)
» Sri Lanka plans to allow tourists from August, no mandatory quarantine
» When Will It Be Safe To Invest In The Stock Market Again?
» Dividend Announcements
» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්රතික්ෂේප කළ ගණිතඥයා
» SEYB.N0000 (Seylan Bank PLC)
» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
» The Korean Way !
» In the Meantime Within Our Shores!
» What is Known as Dementia?
» SRI LANKA TELECOM PLC (SLTL.N0000)
» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
» Equinox ( වසන්ත විෂුවය ) !
» COMB.N0000 (Commercial Bank of Ceylon PLC)
» REXP.N0000 (Richard Pieris Exports PLC)
» RICH.N0000 (Richard Pieris and Company PLC)
» Do You Have Computer Vision Syndrome?
» LAXAPANA BATTERIES PLC (LITE.N0000)
» What a Bank Run ?
» 104 Technical trading experiments by HUNTER
» GLAS.N0000 (Piramal Glass Ceylon PLC)
» Cboe Volatility Index
» AHPL.N0000
» TJL.N0000 (Tee Jey Lanka PLC.)
» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
» Bitcoin and Cryptocurrency
» CSD.N0000 (Seylan Developments PLC)
» PLC.N0000 (People's Leasing and Finance PLC)
» Bakery Products ?
» NTB.N0000 (Nations Trust Bank PLC)
» Going South
» When Seagulls Follow the Trawler
» Re-activating
» අපි තමයි හොඳටම කරේ !
» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
» SAMP.N0000 (Sampath Bank PLC)
» APLA.N0000 (ACL Plastics PLC)
» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
» Banks, Finance & Insurance Sector Chart
» VPEL.N0000 (Vallibel Power Erathna PLC)
» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
» WATA - Watawala
» KFP.N0000(Keels Food Products PLC)
» Capital Trust Broker in difficulty?
» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
» What Industry Would You Choose to Focus?
» Should I Stick Around, or Should I Follow Others' Lead?