The United States have said that American investors are concerned about the human rights situation in Sri Lanka, during a round table discussion with journalists in Colombo on Wednesday.
US Deputy Assistant Secretary of Commerce for Africa, the Middle East and South Asia, Holly Vineyard, said that whilst concerns persist over human rights in the island, it may not impact trade between the countries majorly.
Sri Lanka is still awaiting the result of a hearing on the 24th of January, which will decide whether they will receive the GSP tariff from the US. A petition was filed against Sri Lanka receiving the preferential tariff by the AFL-CIO (American Federation of Labor and Congress of Industrial Organizations). The Sri Lankan government has been asked to attend the hearing in order to attempt to defend themselves from losing the tariff.
US Deputy Assistant Secretary of Commerce for Africa, the Middle East and South Asia, Holly Vineyard, said that whilst concerns persist over human rights in the island, it may not impact trade between the countries majorly.
Sri Lanka is still awaiting the result of a hearing on the 24th of January, which will decide whether they will receive the GSP tariff from the US. A petition was filed against Sri Lanka receiving the preferential tariff by the AFL-CIO (American Federation of Labor and Congress of Industrial Organizations). The Sri Lankan government has been asked to attend the hearing in order to attempt to defend themselves from losing the tariff.