G.S.P. Plus tariff relief launched today, making the way for the export of 6600 goods to 28 countries

Friday, 19 May 2017 - 8:17

The G.S.P. Plus relief is effective as of today. it will allow for the export of  6600 goods to 28 countries without tariff.

Accordingly economic benefits will accrue to the country’s garment sector  as well as a number of other sectors.

During the last regime the European Union had taken action to abolish the G.S.P. Plus tariff relief  that  had been  provided for export of goods including ready-made garments from Sri Lanka to the EU.

On the  27th of last month the resolution submitted against providing G.S.P. Plus tariff relief to Sri Lanka was defeated by a majority of 317 votes at the European parliament.

Accordingly the EU foreign and trade ministers approved the provision of G.S.P. Plus to Sri Lanka.

Meanwhile, a meeting was held at Temple Trees where garment exporters expressed their appreication to the government .

Meanwhile the National Freedom Front has requested the Government reveal the conditions that were agreed to with the European Union , to obtain the G.S.P. Plus tariff relief.

NFF media spokesman Mohamed Musammil made this know whilst participating at a media briefing held in Colombo yesterday.

Also at a media briefing,  minister of Fisheries and Aquatic Resources Development Mahinda Amaraweera  said that with the country regaining G.S.P. Plus relief today,  benefits would accrue to the fisheries sector as well as a number of other economic sectors.

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