Sri Lanka, April 22 -- While the economy of Sri Lanka has achieved some degree of stabilisation after the most dire crisis in history, progress along a growth trajectory remains a clear imperative. Fragility of the current situation has been massively increased by the devastating tariffs imposed by the Trump Administration, making our country's exports to the United States-especially apparel and rubber products-starkly vulnerable.
Against this backdrop, the GSP+ facility, affording preferential access to the vast markets of the European Union, becomes a lifeline for our exports. Exemption from import duty for a wide array of products involves an advantage of immense value.
This is, however, neither a right nor an entitlement, and its ...
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