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Sri Lanka Equity Forum » Stock Market Talk » Latest on the GSP plus ....

Latest on the GSP plus ....

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1 Latest on the GSP plus .... on Thu Oct 13, 2016 1:44 am

vic19

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Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Oct 12, 2016 (LBO) – Sri Lankan premier Ranil Wickremesinghe said that he will be traveling to Brussels shortly for the Generalized System of Preferences (GSP) plus negotiations.
“I am traveling to Brussels on Saturday to begin talks on restoring GSP plus,” Wickrememsinghe said at the inauguration of the World Export Development Forum in Colombo, Wednesday.
“Sri Lanka and Bangladesh were given GSP plus around the same time but we gave it up. Bangladesh kept it and experienced fast export growth.”
Sri Lanka submitted its application to the EU to regain its lost trade concessions, GSP plus mid this year. A visiting EU delegation in January this year highlighted that it would take a period of at least 10 months to regain trade concessions.
These trade concessions have been linked to the country’s compliance with human rights and labour rights conventions.

source : LBO.lk

2 Re: Latest on the GSP plus .... on Thu Oct 13, 2016 2:26 am

vic19

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
THE PM SAYS " WE GAVE IT UP "

IT IS RIGHT ?

I THOUGHT IT WAS TAKEN AWAY BY THE EU DUE TO HUMAN RIGHTS VIALATIONS ...

3 Re: Latest on the GSP plus .... on Thu Oct 13, 2016 9:40 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

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