Wednesday, 25 January 2017
There is a debate whether the sovereignty of Sri Lanka is violated through GSP+ concessions to be given by the European Union (EU). GSP+ is a concession given by developed countries to developing countries on import duties. Therefore the imported goods from the countries which get GSP+ can be sold in those developed countries at a competitive price. As a result there could be more imports to those markets from those developing countries.
There is a debate whether the sovereignty of Sri Lanka is violated through GSP+ concessions to be given by the European Union (EU). GSP+ is a concession given by developed countries to developing countries on import duties. Therefore the imported goods from the countries which get GSP+ can be sold in those developed countries at a competitive price. As a result there could be more imports to those markets from those developing countries.
GSP.docx by Thavam Ratna on Scribd