Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit a Post
Submit Post
Submit Post
Latest topics
» lOFC definitely will hit 6/-
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyToday at 12:35 am by Promoney

» REXP TIME TO MOVE Rs 450 why??????
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 11:30 pm by Bakka1988

» Common trading mistakes: part two
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 11:29 pm by freeforexsignals2020

» Will NEST reach 15000 one day?
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 11:16 pm by Bakka1988

» cargo boat
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 9:15 pm by abey

» what's going on in CITW?
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 9:12 pm by abey

» ARPICO INSURANSE
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 8:20 pm by wisdom79

» SOFTLOGIC LIFE INSURANCE PLC
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 8:11 pm by wisdom79

» VPEL.N Any good news..?
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 8:04 pm by wisdom79

» COLOMBO TELEGRAPH
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 6:18 pm by kumarweerarathne

» top gainers
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 6:01 pm by abey

» IT professionals lash out at Sajith for misleading public
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 2:55 pm by ChooBoy

» Survey on Stock Market Practitioners..!! (TO: Stockbrokers,advisors,practicitioners. Value your support..!!)
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 12:46 pm by gayani2018

» DIST.N0000
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 12:44 pm by Invest2018

» FORUM NEW OUTLOOK: Give your comments and suggestions
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyYesterday at 10:05 am by Sstar

» Teller New Pr diction
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 12, 2019 10:52 pm by fireshelter

» GREG - CITW- BFN - BALA - MAL- LDEV - ACME Pump and & Dump Train soon
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 12, 2019 10:05 pm by mahasona2

» what happend to COMB
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 12, 2019 7:43 pm by kumarweerarathne

» Day trading can be a very profitable venture
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 12, 2019 5:47 pm by Asoka Samarakone

» Rexp ලාභය සියයට 35 කින් ඉහළ යයි
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 12, 2019 1:58 pm by jaya

» WHY MANY CASES POSTPONE?
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 12, 2019 12:03 pm by Arrowrisk

»  Investing in Govt. securities today riskier than Greece bonds. Rating ‘True and Correct’
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 12, 2019 11:21 am by ChooBoy

» CSE from Dawn of Peace to Rebirth of Terrorism
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 12, 2019 11:17 am by ChooBoy

» OUR LOST DIGNITY
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 12, 2019 10:18 am by jaya

» Target Price Prediction
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 12, 2019 10:05 am by jaya

» EAST PRICE SAME
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 12, 2019 8:39 am by Invest2018

» Start of a bull market
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 11, 2019 11:53 pm by Rare

» Royal Ceramis . RCL.N000
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 11, 2019 5:08 pm by ThilinaM

» THE CASE FOR A BEAR MARKET IN THE USD
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 11, 2019 3:26 pm by samaritan

» Positive News
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 11, 2019 2:47 pm by samaritan

» GREG & DPL
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 11, 2019 2:41 pm by Hewagak

» SCRAPS up....
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 11, 2019 1:05 pm by Hewagak

» Look PAP Amazing company
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 11, 2019 12:58 pm by roshan1039

» Citrus group and colombo land
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 11, 2019 12:43 pm by wbslstocks

» Access (AEL) seems to give us good return during next 05 months
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 11, 2019 11:50 am by EPS

» TKYO X Target prce Rs.32.50
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 11, 2019 7:52 am by bhanu

» REXP TIME TO MOVE Rs 450
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 11, 2019 3:51 am by Bakka1988

» KZOO . N0000 - wILL HIT TO RS. 5 LEVELS
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 10, 2019 11:37 pm by Cma

» FORMER CENTRAL BANK GOVERNOR UNFOLDS 12-POINT REVIVAL PLAN
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 10, 2019 9:47 pm by Quibit

» Please Help
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 10, 2019 7:47 pm by kumarweerarathne

» RENUKA CAPITAL PLC KZOO.N0000@2.80
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 10, 2019 6:51 pm by fireshelter

» CONSTRUCTION SECTOR - PORT CITY UPDATES
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 10, 2019 4:48 pm by sureshot

» Look APLA its trending to 98LKR
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 10, 2019 2:25 pm by Uaecoindubai

» ලංකාවේ economic moat Organization.
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 10, 2019 1:59 pm by dhaneenja

» BIL deal eka sidu nowana bawa karunikawa dannwa sitimi
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 10, 2019 12:54 pm by Bakka1988

» Kzoo (Renuka Capital) Hidden Gem Why?
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 10, 2019 12:20 pm by Trader321

» SLPP BRINGING MARKET DOWN
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 10, 2019 12:02 pm by sureshot

» bil is performing
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 10, 2019 11:16 am by De23

» ACCESS ENGINEERING SHARE PRICE FORECAST
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyWed Oct 09, 2019 9:37 pm by EPS

» BIL පුපුරා යාමට ආසන්නයි
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyWed Oct 09, 2019 6:01 pm by Winner123

» Sri Lanka unemployment rate edges up 2019 2Q
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyWed Oct 09, 2019 4:44 pm by God Father

» Cautionary Notice issued by the Securities and Exchange Commission of Sri Lanka (SEC)
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyWed Oct 09, 2019 4:31 pm by Uaecoindubai

» SLFP SPLIT INTO TWO
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyWed Oct 09, 2019 3:20 pm by samaritan

» AFTER LONG TIME ENTER WITH KZOO
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyWed Oct 09, 2019 2:33 pm by Trader321

» අජිත් නිවාඩ් කබ්රාල් හිටපු මහබැංකු අධිපතිවරයා ඉදිරිපත් කල ආර්ථිකය නැවත නංවාලීම සඳහා දොළොස් වැදෑරුම් සැලසුම*
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyWed Oct 09, 2019 2:05 pm by God Father

» About OVERSEAS REALTY (CEYLON) PLC (OSEA.N)
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyWed Oct 09, 2019 1:59 pm by Arrowrisk

» NEST ලාභය දෙගුණ කරගනී
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyWed Oct 09, 2019 12:41 pm by De23

» We need an economic model that works for people and the planet
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyWed Oct 09, 2019 12:26 pm by Rare

» ACAP GOOD LEVEL TO ENTER PREDICT 10 or EVEN MORE
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyWed Oct 09, 2019 11:23 am by NZ BOY

»  ආර්ථිකය නැවත නංවාලීම සඳහා දොළොස් වැදෑරුම් සැලසුම
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyTue Oct 08, 2019 11:47 pm by Eng Krishantha

» AEL up or down?
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyTue Oct 08, 2019 8:52 pm by EPS

» EAST WEST PROPERTIES PLC
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyTue Oct 08, 2019 3:49 pm by nuwanmja

» Lookout for RCL
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyTue Oct 08, 2019 1:32 pm by ddrperera

» REXP***REXP***REXP***REXP
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyTue Oct 08, 2019 12:59 pm by Bakka1988

» Security for Viyangoda, Thenuwara
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyTue Oct 08, 2019 12:43 pm by soileconomy

» Country needs corruption free people’s government – President
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyTue Oct 08, 2019 11:08 am by Arrowrisk

» ‘Manawa’ seeks clarification on Gota’s documents from Elec. Com.
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyTue Oct 08, 2019 10:27 am by CITIZEN

» SAJITH TO BE NAMED AS THE UNP CANDIDATE
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyTue Oct 08, 2019 9:56 am by samaritan

» EAST WEST REPORT
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyTue Oct 08, 2019 9:18 am by Ahcha

» Greg අශ්වයා ධාවනය වීමට නියමිතයි
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyMon Oct 07, 2019 12:34 pm by Bakka1988

» Beware of the Stock Market Mafia
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyMon Oct 07, 2019 10:53 am by soileconomy

» සජීවී තොරතුරු පෙලගැස්ම - GR Case
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySun Oct 06, 2019 7:02 pm by samaritan

» Gotabaya: The Same Old Wine in a New Bottle
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySun Oct 06, 2019 1:46 pm by samaritan

» Who is Ajith Nivard Cabraal?
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySun Oct 06, 2019 1:42 pm by samaritan

» How stock brokers misled investors in 2011
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySun Oct 06, 2019 1:35 pm by samaritan

»  ඉතිහාසයේ රනින් ලියැවෙන තීන්දුව ගනී.. ගෝටා වෙනුවෙන් පොහොට්ටුවට සහාය දෙන්න ජනපති එකග වේ… දැන් ගෝටා අත උඩ ලක්‍ෂ 65යි..
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySun Oct 06, 2019 12:14 am by rukshan1234

» where to get real ielts,pte india((Whatsapp:+1 (484) 416-6687))
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 05, 2019 11:25 pm by agent

» (40 more needed) Please help by filling the questionnaire on the stock market investor behavior in the Sri Lankan share market
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptySat Oct 05, 2019 9:57 am by gayani2018

» SPEN.N0000 ? Is it okry t buy at this level?
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 04, 2019 7:08 pm by sameboy

» About DEALINGS BY DIRECTORS... Question?
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 04, 2019 12:51 pm by dhaneenja

» EAST WEST
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 04, 2019 10:09 am by CITIZEN

» EAST WEST STRONG
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 04, 2019 9:43 am by Ahcha

» NDB share price forcast
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 04, 2019 8:42 am by chandanaplus@gmail.com

» NDB share price forcast
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyFri Oct 04, 2019 8:18 am by chandanaplus@gmail.com

» ගෝඨාභය නඩුවෙන් නිදහස්
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 03, 2019 3:56 pm by Beta1

» SLPP SUBSTITUTE READY...
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 03, 2019 3:56 pm by Hewagak

» Presidential election vote..Who will win? POLL
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 03, 2019 11:43 am by Arrowrisk

» Invest in what you know and produce profits.
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 03, 2019 9:24 am by Asoka Samarakone

» Research And Analysis Wing and Central Intelligence Agency is not yet finalised its plan here
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 03, 2019 7:24 am by soileconomy

» Vision ,Plan,Capabilities should posses by 2020 president in SL
SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK EmptyThu Oct 03, 2019 7:16 am by soileconomy

Advertise

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK

SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK

Go down  Message [Page 1 of 1]

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
GSP PLUS NEXT WEEK . GOOD NEWS

kapifm

kapifm
Manager - Equity Analytics
Manager - Equity Analytics
Good News,,,we  have been waiting long....long

PrasannaMani

PrasannaMani
Manager - Equity Analytics
Manager - Equity Analytics
@Eugine Fernando wrote:GSP PLUS NEXT WEEK . GOOD NEWS
Can we have the news link pls ?????????????????????

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@PrasannaMani wrote:
@Eugine Fernando wrote:GSP PLUS NEXT WEEK . GOOD NEWS
Can we have the news link pls ?????????????????????


http://www.lankadeepa.lk/index.php/articles/496727

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@PrasannaMani wrote:
@Eugine Fernando wrote:GSP PLUS NEXT WEEK . GOOD NEWS
Can we have the news link pls ?????????????????????
GOLD FM VIA SMS NEWS RECEIVED AT 11.23 AM

Brinthan

Brinthan
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Good joke....EU told they will announce GSP+ decision end of MAY 2017 after consitution ......

Brinthan

Brinthan
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Brinthan wrote:Good joke....EU told they will announce GSP+ decision end of MAY 2017 after consitution ......
Also don't forget 58 conditions....

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Good news for shares like tjl,REXP,mgt

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Brinthan wrote:
@Brinthan wrote:Good joke....EU told they will announce GSP+ decision end of MAY 2017 after consitution ......
Also don't forget 58 conditions....
GSP+ next week: President
http://www.dailymirror.lk/article/GSP-next-week-President-121796.html


the President said he had received information about regaining GSP+ next week and said it would revitalize the industrial and export sectors of the country.
unquote:
WE ALL KNOW THAT PM LIED ON THE VW PLANT. SO, IS THE PRESIDENT ALSO LYING ON GSP+?,
WHAT IS THE SOURCE OF PRESIDENT'S INFORMATION? OR HAS PM GIVEN HIM A DEAD ROPE AS USUAL?SRILANKA WILL PROBABLY REGAIN EU GSP PLUS NEXT WEEK Icon_lol

PrasannaMani

PrasannaMani
Manager - Equity Analytics
Manager - Equity Analytics
@Brinthan wrote:Good joke....EU told they will announce GSP+ decision end of MAY 2017 after consitution ......
Yeap ....Correct.....

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
Cannot trust anyone. Did you guys notice even maithree says GST not GSP.  lol!

Brinthan

Brinthan
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

PrasannaMani

PrasannaMani
Manager - Equity Analytics
Manager - Equity Analytics
Below was the latest  From EU 02/11/2016..Pls no more Jokes Like Volkswagen..Haiti.....

[size=14][size=18][size=18]HOME
NEWSEU SETS CONDITIONS RE PTA, HR & DEVOLUTION FOR SRI LANKA TO REGAIN GSP PLUS PRIVILAGE[/size]

[/size][/size]





[size=30]EU SETS CONDITIONS RE PTA, HR & DEVOLUTION FOR SRI LANKA TO REGAIN GSP PLUS PRIVILAGE[/size]


02/11/2016 BY SRI LANKA BRIEF




Image: From left: European Delegation in Sri Lanka and Maldives Political, Trade and Communications Counsellor Paul Godfrey, EU Ambassador to Sri Lanka and Maldives Tung-Lai Margue, European Parliament Member Jean Lambert and European Delegation Administrator Kristin Arp Pic by Pradeep Pathirana By Chandeepa Wettasinghe.
The leader of a delegation from the European Parliament urged Sri Lanka to improve human rights conditions, including the replacement of its tough anti-terrorism law, if it wants to regain lucrative EU trade concessions which the island nation lost six years ago, reports Fox News .
Meanwhile Colomo based Daily News reports that EU delegation saying that “the progress so far has been positive, but that much more needs to be achieved, especially related to the office of the missing persons, devolving powers to provinces, child marriage laws, gender equality, etc”
Jean Lambert has aid that  “the success of Sri Lanka’s application to get back the trade concessions depends on meeting the human rights requirements set by the EU.
She has emphasized that  Sri Lanka needs to replace its Prevention of Terrorism Act and amend its Code of Criminal Procedure to ensure the rights of detainees.
Lambert was heading a four-member inspection team to evaluate the human rights situation.
Fox news
Sri Lanka could enjoy the GSP Plus facility till 2023.
Sri Lanka could enjoy the preferential tariff regime of General System of Preferences Plus (GSP Plus) facility with the European Union until as late as 2023, according to the sentiments expressed by the European Delegation in Sri Lanka.
GSP Plus is only awarded to countries in the low and lower-middle income categories as classified by the World Bank, and an upgrade to an upper middle income country makes it ineligible for the GSP Plus facility, according to EU Regulation 978/2012. “We’re expecting Sri Lanka to reach that (upper middle income) by 2019,” Political, Trade and Communications Counsellor, European Delegation in Sri Lanka and Maldives, Paul Godfrey, told Mirror Business.
He also noted that Sri Lanka will have to remain in the upper middle income segment for 3 years, plus another year where the EU will observe the situation, before the country becomes ineligible for GSP Plus. According to the Central Bank, Sri Lanka’s current per capita gross national income is US$ 3836, and the threshold for 2016 to be classified as an upper middle income country was US$ 4036. The World Bank is expecting Sri Lanka to grow at 4.8 percent this year, and just over 5 percent next year. “But the threshold also goes up each year,” Godfrey said. However, the threshold also declines, as it had in 2016, and the threshold saw a continuous decline over several years in the early 2000s.
Meanwhile, in response to a question whether Sri Lanka could compete with countries who can afford to produce goods cheaper, and have made inroads with their access to GSP Plus for the past 6 years, Godfrey noted that Sri Lanka depending on its leading export again would not be a good idea. “Going back to the EU with just apparel would be a mistake. Sri Lanka has to diversify. Now,” he said. The Sri Lankan government is expecting windfall of US$ 1.9 billion annually with the resumption of GSP Plus, mainly through apparel exports.
Sri Lanka could expect a decision on whether it is reinstated with GSP Plus privileges between January 13 and May 12, depending on how long the EU parliament decides to debate and put the issue to a vote. The EU delegation currently in the country was very diplomatic in providing answers, saying that the progress so far has been positive, but that much more needs to be achieved, especially related to the office of the missing persons, devolving powers to provinces, child marriage laws, gender equality, etc. “
A number of things are moving here in a positive direction, but it’s only the beginning of change. There needs to be a continuation and a deepening of what we have seen,” European Parliament Member Jean Lambert said.

Brinthan

Brinthan
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@kassachandimal wrote:Cannot trust anyone. Did you guys notice even maithree says GST not GSP.  lol!
President & P.M need more responsiblity when talking and working....Otherewise we lost foreign investors confident also locals...

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum