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After+lifting+the+European+ban+on+Fisheries+exports+from+Sri+Lanka%2C+GSP+plus+tax+concession+also+will+be+obtained+
Saturday, 20 June 2015 - 20:31
After lifting the European ban on Fisheries exports from Sri Lanka, GSP plus tax concession also will be obtained
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Prime Minister Ranil Wickremesinghe stated that it would be possible to lift the European ban on fisheries exports before the end of this year.

The premier stated this while meeting the fishing community at Kandakuliyamune in Kalpitiya, Puttalam this morning.

He added that European Union has warned 8 countries that breached their law in 2012, to rectify the shortcomings, if not they will be imposed with export bans.

Accordingly, our country received the red card since it did not implement the instructions given by the EU by November 2014.

He also stated that measures will be taken to obtain duty relief when exporting fisheries products in the near future.

Expressing further, the Premier stated that they have commenced talks with the EU, and agreed to complete all 57 procedures demanded by them.

He added that they have completed 36 procedures already and intend to hold talks with the EU in September or October to lift the export ban before the end of this year.

In addition, the Prime Minister stated that they intend to obtain the GSP Plus tax concession following the Geneva summit, and if so, the country can export to European market with duty relief.

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