The government applied for GSP+ in July 2016 and the Commission’s assessment has concluded that it met the GSP+ entry criteria set out in the EU Regulation.
The 751-member European Parliament’s vote followed the European Commission’s recommendation in January that GSP+ should be granted to Sri Lanka once again after withdrawing it in 2010 due to the poor human rights record of the country.
The final step to the procedure will be the issuance of the gazette notification granting Generalized System of Preferences Plus or the GSP+ to Srilanka.
The official decision to grant GSP+ tariff concession allowing Sri Lanka to export products tax-free to the European market will be announced today (15).
