Sri Lanka likely to lose EU trade concession GSP Plus

lkdood

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Apr 7, 2008
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Sri Lanka is likely to lose a lucrative European Union trade concession for its top export, garments, based on the initial findings of an EU probe into its human rights record, a senior government official said.

S. Ranugge, secretary in Sri Lanka's Export Development and International Trade Ministry, said a preliminary report received a week ago highlights allegations of human rights violations and torture, stemming from a 25-year war with Tamil Tiger rebels.

Garments netted Sri Lanka a record $3.47 billion from EU markets last year, and were the country's top source of foreign exchange, followed by remittances of $3 billion and tea exports of $1.2 billion.

Since July 2008, the European bloc has warned Sri Lanka it may not meet the human rights standards required for access to the Generalised System of Preference Plus trade scheme, based on reports of human rights abuses in the final phase of the war.

"The report is very adverse and GSP Plus is very unlikely," Ranugge, who is the trade ministry's top civil servant, told Reuters. "If the report is favourable, you can keep hope. The reaction of the EU is not that favourable."

The EU ambassador to Sri Lanka, Bernard Savage, declined to comment on the initial findings made by experts contracted to carry out the probe, but confirmed a report had been prepared.

"The full text of that has been made available to the Sri Lankan authorities. Once we have gathered all the reactions, particularly those of the Sri Lankan government, the report will be finalised within a short time," Savage told Reuters.

Sri Lanka came under heavy pressure from Western nations, including European ones with large Tamil populations, because of civilian deaths in the final phase of the war against the Tamil Tigers, which ended with the separatists' defeat on May 18.

In October, the government said it would not cooperate with the European Union's investigation nor allow investigators to come to the island nation. Sri Lanka estimates the loss of the concession will cost it about $150 million a year.

The EU's official decision is expected by October and the $40 billion economy will be entitled to the trade benefits for six months thereafter, Ranugge said. The final decision is non-appealable.

In 2008, the European Union was the largest export market for Sri Lanka, accounting for 36 percent of all exports, followed by the United States with 24 percent in 2008.

dailymirror



EU sud da gen lankweta kapil la :shocked:

garment factory wela wada karana podi miniha thmai thalen ne :(

sudda ge kapil la pudumayak naha :rolleyes:

lankwe batahira wirodin kiyan ne sud do one naha kiyala ne

sud do ITN balanawa wage :rolleyes:
 

GihanFX

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Jan 4, 2008
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LK/DC
if theirs a word that i hate most then its "Human Rights" really EU has many more issues to sort out than worrying abt Sri Lanka Human Rights, these so called EU Puss*es are blind when it comes to Iraq, Israeli, palatine, Afghanistan,

why George Bush attacked Iraq ? saying Sadaam has Nukes, lol did Americans found any nukes ? no what they did was killed innocent civilians and used illegal cluster bombs, now when that happen where was these Human Rights pussi*s ?
 

GihanFX

Member
Jan 4, 2008
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483
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LK/DC

EU sud da gen lankweta kapil la :shocked:

garment factory wela wada karana podi miniha thmai thalen ne :(

sudda ge kapil la pudumayak naha :rolleyes:

lankwe batahira wirodin kiyan ne sud do one naha kiyala ne

sud do ITN balanawa wage :rolleyes:

No wonder why EU hates Mahinda cus he has strong connections with Libya, Iran etc, all Anti American countries, anyway he should need to have ability to have balanced connections with all countries
 

blood_brotha

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Sep 25, 2006
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Nuuk, Greenland
mahinda knows that we are going to lose GSP plus..thats why he is strengthening other relation.. even if the war is over EU remains one of the main tiger proxies..

The liberal party of england does not want to lose the all important diaspora votes... so they will side with the LTTE...
 
Aug 19, 2008
11,653
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Sri Lanka
ov ov hamoma ekka shape eke innaa one

wadiya lang wen ne giyoth iwerai :rolleyes:

Yes..Yes...Yes...
But what really happens is different.

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