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Sri Lankan delegation to leave for Europe to discuss GSP Plus
Wed, Mar 10, 2010, 06:42 pm SL Time, ColomboPage News Desk, Sri Lanka.
Mar 10, Colombo: A high level Sri Lankan delegation is to leave for Brussels on March 15 for talks with the European Union (EU) to explore the possibilities of retaining the GSP plus trade concession and other issues, Minister of Export Development and International Trade, Prof. G.L. Peiris said.
Prof. Peiris told the media today that the four-member delegation includes Treasury Secretary Dr. P.B. Jayasundara, Foreign Secretary Romesh Jayasinghe, Justice Ministry Secretary Suhada Gamlath and Attorney General Mohan Peiris.
The European Union on February 15 decided to withdraw the preferential tariff benefits given to Sri Lanka following an investigation by the European Commission which found that the country fell short in implementing three UN human rights conventions required to receive benefits under the scheme.
The EU decided last month to withdraw the Generalized System of Preferences plus (GSP+) trade concession from Sri Lanka citing non-compliance with several international conventions related to human rights.
However, the EU said the suspension was temporary and gave six months time for Sri Lanka to address the problems identified during the EU investigation and attempt to retain the facility.