Sri Lanka expects to get EU’s GSP+ facility in June

Wednesday, 25 November 2015 00:25 - - {{hitsCtrl.values.hits}}

BUP_DFT_DFT-1-71 Minister of Development Strategies and International Trade Malik Samarawickrema (centre) with EU Ambassador David Daly at the Sri Lanka Apparel Exporters Association Annual General Meeting held yesterday. Association Chairman Saifuddin Jafferjee looks on - Pic by Pradeep Pathirana

Sri Lanka expects to get the European Union’s tariff concession facility known as GSP+ in June next year, Minister of Development Strategies and International Trade Malik Samarawickrema said.

In a statement to the parliament, the Minister said the GSP+ facility will be reinstated in June.

Joining in the debate on the Appropriation Bill in Parliament today, Minister Samarawickrema said that the budget has given a good opportunity for innovations.

He pointed out that with the signing of agreements during the middle of next year, Sri Lanka would be able to accrue many benefits.

Minister Malik Samarawickrema further said that proposals to strengthen the rural economy encouraging local investors are incorporated in the budget.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.