Sept 20, Colombo: Sri Lanka's Department of Fisheries and Aquatic Resources said that it will be possible to get the ban on Sri Lankan Fish Export to the European Union countries lifted soon.
The Department said that out of the 57 conditions laid to Sri Lanka 35 of them have been fulfilled. These 35 conditions falls under the 36 essential conditions. The time period stipulated by the European Union for fulfilling these conditions ends on 31st of October.
The European Commission October 2014 proposed to ban imports of fisheries products from Sri Lanka, the second biggest exporter to the bloc, due to Sri Lanka's failure to demonstrate that it sufficiently addressed illegal, unreported and unregulated (IUU) fishing. The ban went into effect from 14 January 2015.
An EU Technical Evaluation Team will be visiting Sri Lanka from the 5th to the 9th of October to assess the ban, spokesperson of the Foreign Affairs Ministry said earlier.
According to the Foreign Affairs Ministry, Sri Lanka's estimated loss of revenue since the European Union imposed the ban on the export of fishery products from the island nation since January is approximately US$ 75 million.