The Government Information Department said The European Union has completely lifted the ban on fisheries exports from Sri Lanka.
Prior to the ban imposed in January 2015, the EU accounted for nearly one-third of Sri Lanka’s fish exports in terms of volume and about 40 per cent of the exports in terms of revenue against the total fish export earnings of 267 million dollars that year.
The ban was imposed on the grounds that Sri Lanka indulged in “illegal, unreported and unregulated fishing.
The EU Commission’s recommendation to revoke the ban had been forwarded to the EU Council in April and this was expected to come into effect by July.
In the run-up to the EU’s decision, the Sri Lanka government took a number of steps to have the ban lifted.
Rules and regulations were introduced in line with international norms and new regulations framed for high seas fishing.
A national plan was prepared to counter illegal, unreported and unregulated fishing.