GSP+ till 2025
Click here to read full article from source
Sri Lanka, Sept. 7 -- GSP Plus is expected to continue till at least 2025 based on the country qualifying for GSP concessions through lower GDP per capita figures.
The trade concession Head of the European Delegation to Sri Lanka Denis Chaibi said, "So if there is a positive situation in human rights or at least there is no degradation in human rights there will be GSP Plus till at least 2025."
"With Europe, you have the competitive advantage of GSP Plus. The GSP Plus concession was to end in 3 years but it is not because of the crisis. The GDP per capita is below the required levels and as such from next year onwards there are at least 3 years of GSP plus."
"GDP per capita in Europe is 3 times on average than that of China. You have m...
To read the full article or to get the complete feed from this publication, please Contact Us