The U.S. Government announced that they are going to review the GSP benefits for Sri Lanka. US Embassy in Colombo said they have accepted a petition filed by an American trade union requesting a review of worker rights in Sri Lanka.
In 2008, as part of the annual review process, the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), an American trade union, filed a petition with the US Government requesting a review of worker rights in Sri Lanka.
“Acceptance of the petition is not a decision to revoke GSP nor does it set a deadline for a decision on action on GSP privileges. It is the beginning of a formal, collaborative process to work with the Sri Lankan government to address the concerns in the petition and work to improve support of and adherence to worker rights. GSP privileges will continue throughout the process,” the US Embassy said.
The U.S. Generalized System of Preferences (GSP), a program designed to promote economic growth in the developing world, provides preferential duty-free treatment for over 3,400 products from 131 designated beneficiary countries and territories, including Sri Lanka. Sri Lanka benefited from GSP treatment on approximately $116 million of goods in 2009.
In 2008, as part of the annual review process, the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), an American trade union, filed a petition with the US Government requesting a review of worker rights in Sri Lanka.
“Acceptance of the petition is not a decision to revoke GSP nor does it set a deadline for a decision on action on GSP privileges. It is the beginning of a formal, collaborative process to work with the Sri Lankan government to address the concerns in the petition and work to improve support of and adherence to worker rights. GSP privileges will continue throughout the process,” the US Embassy said.
The U.S. Generalized System of Preferences (GSP), a program designed to promote economic growth in the developing world, provides preferential duty-free treatment for over 3,400 products from 131 designated beneficiary countries and territories, including Sri Lanka. Sri Lanka benefited from GSP treatment on approximately $116 million of goods in 2009.
