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Sri Lanka will not qualify for GSP Plus concessions by UK with EU exit

Related Keywords: basis of Sri Lankas Commonwealth membership, forty percent of SL textile and apparel exports, renegotiate a FTA with the UK, Sri Lanka will not qualify for some GSP-Plus preferences, to the EU goes to the UK market, UK is out of EU, whole series of FTAs with European nations, work out a bilateral deal with the UK

Sri Lanka will not qualify for some of the GSP-Plus preferences if and when they get such preferences when UK is out of EU, according to Executive Director of the Institute of Policy Studies Dr. Saman Kelegama. Sri Lankan’s 35 percent of exports to the EU goes to the UK market and 40 percent of textile and apparel exports to the EU goes to the UK market.

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