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GSP+ reinstatement 'likely' - Mangala

Sri Lanka's foreign minister, Mangala Samaraweera says the GSP+ trade concessions, currently withdrawn from Sri Lanka, are likely to be reinstated.

Speaking to the Sunday Times after his visit to Brussels, Mr Samaraweera said the EU had provided advice to the government on measures to be taken, before Sri Lanka's request to reinstate the concessions can be considered.

The EU suspended the GSP+ tariff in 2010, due to the government's failure to adhere with the fundamental human rights conventions, as expected of all recipients of the concession.

GSP+ removal woes continue (19 February 2013)

Sri Lanka hopes for GSP+ to return (10 February 2013)

Sri Lankan garment exports lose market share (06 Feb 2013)

Bicycle company leaves Sri Lanka after GSP+ loss (31 January 2013)

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