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European Commission recommends granting GSP Plus to Sri Lanka as reforms incentive

The European Commission proposed that the European Union's Generalized Scheme of Preferences, Plus known as 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 European Commission proposed that a significant part of the remaining import duties on Sri Lankan products should be removed by the European Union in exchange for the country's commitment to ratify and effectively implement 27 international conventions on human rights, labor conditions, protection of the environment and good governance. Read what is GSP Plus, reasons for withdrawal -----
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