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Tuesday, 21 February 2017 - 10:08
European Union to soon announce final decision on GSP+
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European Union has stated yesterday that the final decision on extending GSP+ facility to Sri Lanka, will be announced by 15th May 2017.

The GSP+ scheme has been designed to help developing countries by granting full removal of tariffs on over 66% of tariff lines that cover a very wide array of products including, for example, textiles and fisheries. The GSP Regulation sets strict and clear criteria for granting GSP+.



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