GSP Plus extended by six more months

The European Union (EU) has extended the GSP Plus trade concession to Sri Lankaby another six months, sources have revealed. This follows a delegation including the Treasury Secretary and the Attorney General visiting Brussels and presenting facts to the EU.

The Generalised System of Preferences, commonly known as the GSP plus, extension has been granted taking into consideration the welfare and development processes undertaken by the government for the people of the North and East after the end of hostilities, the EU has stated.