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Latest News


  • Europe’s Trade Warning to Sri Lanka Carries a Familiar Message: Reform or Risk Losing GSP+ Privilege

    Europe’s Trade Warning to Sri Lanka Carries a Familiar Message: Reform or Risk Losing GSP+ Privilege

    Colombo, Sri Lanka — In the quiet language of diplomacy, the message from the European Union to Sri Lanka was unmistakable: trade access comes with conditions, and patience is not unlimited. As Sri Lanka struggles to rebuild its economy after a historic financial collapse, European officials have renewed pressure on the government to fulfill long-standing commitments

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  • EU Urges Sri Lanka to Fulfill Commitments for GSP+ Continuation

    EU Urges Sri Lanka to Fulfill Commitments for GSP+ Continuation

    FINANCIAL CHRONICLE – The European Union (EU) has emphasized the need for Sri Lanka to honor its commitments, particularly the implementation of the 27 core conventions under the current Generalized Scheme of Tariff Preferences Plus (GSP+) trade concession, according to a joint statement by Sri Lanka’s Foreign Ministry and the European Union. For Sri Lanka’s

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