Home » Sajith Premadasa Discusses GSP+ Utilisation with EU Ambassador Amid U.S. Tariff Concerns

Sajith Premadasa Discusses GSP+ Utilisation with EU Ambassador Amid U.S. Tariff Concerns

written by CN Source

Opposition Leader Sajith Premadasa met with EU Ambassador to Sri Lanka, Carmen Moreno, to discuss maximizing the benefits of the Generalised Scheme of Preferences Plus (GSP+) in the wake of the recent reciprocal tariffs imposed on Sri Lanka by the United States.

In a statement shared on social media platform ‘X’, Premadasa underscored the urgency of leveraging existing trade partnerships to safeguard Sri Lanka’s export sector and expand market access.

“With GSP+ access already in place, the question is, are we making full use of it? As US tariffs loom, we must engage partners like the EU not just to manage risks, but to unlock new export opportunities. Sri Lanka must act, not wait,” Premadasa stated.

The Opposition Leader emphasised that proactive engagement with the EU is vital as Sri Lanka navigates increasing global trade uncertainties.

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written by CN Source

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