EU considers the SL commitment on 27 international conventions to continue GSP Plus

EU considers the SL commitment on 27 international conventions to continue GSP Plus

21 January 2020 05:06 pm

The delegation of European Union to Sri Lanka categorically stated that GSP+ facility granted to Sri Lanka was not automatic.

"It is granted only if there is continued and effective implementation of 27 international conventions, related to human and labour rights, environment and good governance,  it said in a statement.

"The EU monitors this implementation closely," the statement also added.

Earlier local media reported, EU as saying that the GSP+ facility granted to Sri Lanka would be extended until 2023.

Several print and electronic media institutions quoted Minister of Industrial Export and Investment Promotion Prasanna Ranatunga as saying that the assurance was given at a discussion he had with an EU delegation in Colombo.

However, the EU office in Colombo tweeted saying GSP+ is not automatic and that it is granted only if there is continued and effective implementation of 27 international conventions, related to human and labour rights, environment and good governance.

The EU office in Colombo said that the EU monitors this implementation closely

GSP plus provides duty free access to the EU market for Sri Lankan products on 66 percent  of the EU tariff lines representing around 6000 products.

The previous government has taken resolute steps to ratify and implement 27 UN conventions on good governance, human and labour rights, and the environment in order to re-enter the scheme.

Sri Lanka is being subjected to stringent monitoring mechanism of the European Union (EU) on the government’s efforts to meet the requirements to reap GSP plus benefits.