Ranil Wickremesinghe, Prime Minister of Sri Lanka has said that the country will regain the GSP plus trade concession from EU.
In tune with the PM, Harsha De Silva, Deputy Economic Development Minister said, “We are very, very hopeful that,
within a matter of months, Sri Lanka will be able to get GSP Plus back.”
The Generalised Scheme of Preferences (GSP) Plus had helped the garment industry of Sri Lanka,
which is the second biggest foreign exchange earner after remittances, to benefit substantially with a 6-7 per cent concession.