EU considers GSP+ and lifting of fish products ban

Expressing deep appreciation over the new government’s policies on improving human rights and strengthening democratic institutions, European Union Ambassador to Sri Lanka David Daly said the EU is seriously reevaluating the Sri Lanka’s request to grant the GSP+ concession once again for Sri Lanka exports to EU and to lift the restrictions imposed on export of fish products. According to the Presidential secretariat Mr Daly explained that the legal processes were slow as the EU has to go through a rigorous evaluation process before taking the final decision. However, he acknowledged that the strong political weight thrown up by President Maithripala Sirisena and Prime Minister Ranil Wickremasinghe on these issues would be useful to speed up the process. EU ambassador called on President Sirisena at the Presidential Secretariat today and congratulated him on his electoral victory. He said a team of senior EU officials visited Sri Lanka for trade discussions and another team would shortly visit for joint committee meetings. President Sirisena expressed his thanks to the EU for the support given to Sri Lanka in the past and expressed hope that the cooperation between the EU and Sri Lanka would be strengthened in the coming years. He said although there were certain shortcomings affecting the relations in the recent past, his government is determined to rectify them and go forward to strengthen relations. Ambassador Daly said a high-level delegation from the EU arrived in Sri Lanka last week for discussions with the government on the GSP plus trade concessions which have been withdrawn from Sri Lanka during the previous government. The GSP plus trade concessions were withdrawn from Sri Lanka after the government failed to meet certain conditions on human rights issues. However, the new government led by President Maithripala Sirisena that took office in January has taken measures to improve the situation regarding human rights issues. Sri Lanka had lost considerable revenue on apparel exports over the past few years as a result of losing GSP plus.