Sunday, 22 August 2010
Breaking news: EU and Sri Lanka to restart discussions on GSP+
Highly placed sources have informed EFT that the EU and Sri Lanka are to restart discussions on Sri Lanka regaining GSP+. This is due to the recession in the EU, the loss of GSP+ has affected EU retailers' profit margins as garments are more expensive to import. The likes of Marks and Spencer (M&S) are pushing the EU hard to award GSP+ once again to Sri Lanka.
Posted by Mahen at 08:26