The German government has initiated a resolution at the parliament of the European Union in support of Sri Lanka regaining the GSP+ trade concession, reports Colombo Gazette.
Sri Lanka’s Ambassador to Germany Karunatilaka Amunagam said that Germany is satisfied with latest developments in Sri Lanka, adding that the German government feels Sri Lanka must be rewarded for the progress made on several issues.
Speaking to journalists in Sri Lanka that had travelled to Germany to cover President Sirisena’s visit, he said, the reinstatement of the GSP+ could result in Sri Lankan exports increasing to US $1 billion.
Mr Amunagum lauded President Sirisena’s upcoming visit to Germany as a visit to “open a new chapter between Germany and Sri Lanka.”
Progress on Sri Lanka's UN commitments essential for GSP+ says EU (30 Jan 2015)
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