The Head of South Asia Division, European External Action Service of the European Union -Mr. Charles Whiteley stated that the European Union has a favorable perspective on the current GSP+ review process.
He made these remarks during a meeting held today (30) at the Presidential Secretariat with President Anura Kumara Disanayake, as part of an official visit by a European Union delegation to Sri Lanka.
Mr. Whiteley highlighted the longstanding partnership between Sri Lanka and the EU, which has led to significant trade gains. He affirmed the EU’s willingness to continue supporting Sri Lanka in achieving further commercial progress.
He stated that the GSP+ concessions from the European Union are anticipated to encourage Sri Lanka to provide products that meet standardized quality requirements. He further said that the continuation of GSP+ trade concession is assessed on alignment with the current government’s policy commitments and progress.
The meeting assessed Sri Lanka’s advancements in executing 27 international conventions related to the European Union’s GSP+ tax concession, known as the Generalized System of Preferences.
President Disanayake expressed his gratitude for the EU’s assistance during Sri Lanka’s economic crisis. He acknowledged that the GSP+ facility has played an important role in supporting the country’s export sector and economic recovery.
The President further noted that the collapse of Sri Lanka’s economy was the result of a deeply flawed political system, marked by corruption and mismanagement. The President stated that the current administration is working to rebuild the country through stable and transparent governance, though this transformation will require time.
Highlighting a key shift in political support, the President pointed out that unlike previous governments, which relied heavily on support from the South, the current administration was elected with the collective support of Sinhala, Tamil and Muslim communities from across the country. The President reaffirmed his government’s commitment to delivering on the promises made to all citizens.
Also present at the meeting were Minister of Labour, Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, Minister of Justice and National Integration Harshana Nanayakkara, Attorney-at-law, Deputy Minister of Finance and Planning Dr. Harshana Suriyapperuma , Senior Additional Secretary to the President Roshan Gamage, the Ambassador designate of the European Union to Sri Lanka and the Maldives H.E. Carmen Moreno, General for Trade and Economic Security – Policy Officer of the European Commission’s Directorate Mr. Guido Dolara, Desk Officer for Sri Lanka at European External Action Service Ms. Galija Agisheva along with other EU and Sri Lankan officials. (President’s Media Division)
(Previous news 2025 April 30 – 11.17.a.m.)
Sri Lanka – EU to discuss GSP+ concessions
A delegation from the European Commission is set to hold discussions with officials from Sri Lanka’s Ministry of Finance today at the Presidential Secretariat.
The talks will focus on several key issues, including the GSP+ concessions.
A team of senior European Union (EU) officials are in the country to review Sri Lanka’s progress in implementing the 27 international conventions under the Generalized Scheme of Preferences Plus (GSP+) trade preferences program of the EU. The EU is Sri Lanka’s second largest export destination with exports of USD 3 billion in 2024.
The 27 conventions, which have been ratified by Sri Lanka, cover areas of Human Rights, Labour rights, Environment protection and Climate Change, and Good Governance. The implementation of the conventions is monitored periodically with missions and reports, said the Ministry of Foreign Affairs.
The Mission will meet government officials, relevant institutions, politicians, civil society, business associations, trade unions and will also make field visits.
The last GSP+ Monitoring Mission took place in Colombo.
(News 1st)
(Except for the headline, this story, originally published by News 1st has not been edited by SLM staff)
The Constitutional Council (CC) has approved the appointment of two High Court judges as Justices of the Court of Appeal.
It is reported that the Constitutional Council, chaired by Speaker Dr. Jagath Wickramaratne, met recently and approved the nominations submitted by President Anura Kumara Dissanayake on the recommendation of Chief Justice Murdu Fernando.
Accordingly, approval has been granted for the appointment of Colombo High Court Judge Aditya Patabendige and High Court Judge (Civil Appeals) Frank Gunawardena as Justices of the Court of Appeal.
However, it is reported that the proposal to appoint Acting President of the Court of Appeal, Justice Mohammed Thahir Laffar, as a Supreme Court Justice was not considered by the Constitutional Council.
It is stated that the government withdrew the nomination concerning him, as there is currently no vacant seat on the Supreme Court bench.
Meanwhile, on March 11, three newly appointed Court of Appeal Justices were formally sworn in before President Anura Kumara Dissanayake at the Presidential Secretariat.
(adaderana.lk)
(Except for the headline, this story, originally published by adaderana.lk has not been edited by SLM staff)
The Colombo Commercial High Court has ordered to publicly auction three companies said to be belonging to former MP Daya Gamage.
According to the Registrar and Deputy Fiscal of the Colombo Commercial High Court, the auction will be held on July 02 at 10am.
The decision to auction these 03 companies was made to recover a sum of Rs. 104,229,342 owed to a leasing company, People’s Leasing & Finance PLC.
As the respondents have paid approximately Rs. 4,080,000 out of the Rs. 108,309,342 to the leasing company, the auction will proceed in accordance with the judgment issued on Nov. 10, 2022, to recover the remaining amount.
The companies scheduled to be auctioned are Daya Group of Ltd., Daya Apparel Exporter (Pvt) Ltd., and Olympus Construction (Pvt) Ltd.
President Anura Kumara Disanayaka has returned to Sri Lanka today (June 15) after a successful visit to the Federal Republic of Germany from June 11 -13.
A statement issued in this regard by the Sri Lankan Ministry of Foreign Affairs, Foreign Employment and Tourism further notes :
President Disanayaka undertook the visit at the invitation of the President of Germany, Frank- Walter Steinmeier, who welcomed him at the Bellevue Palace in Berlin on 11 June 2025, with a ceremonial Guard of Honour accorded by the German Armed Forces.
During the bilateral talks, the two heads of state focused on further strengthening the cordial bilateral relationship and utilizing emerging economic opportunities in areas such as vocational training and the tourism industry. President Disanayaka also briefed the German President on the recent developments in Sri Lanka, including the economic stabilization and reconciliation efforts undertaken and envisaged future action.
During the visit, the German Foreign Minister Dr. Johann Wadephul and German Federal Minister for Economic Cooperation and Development Ms. Reem Alabali-Radovan called on President Disanayake. The discussions with the German Foreign Minister Dr. Wadephul focused on increasing the growing bilateral exchanges between the two countries, economic stabilization efforts, enhancing German investment, the GSP plus trade facility with the European Union, and strengthening cooperation in the multilateral arena.
During the meeting with Minister Alabali-Radovan, President Disanayaka appreciated the development assistance from the German government, which had benefitted the country for more than 65 years, with recent examples being the German-Sri Lanka Friendship Maternity Hospital in Galle and the German Technical Training Institute in Kilinochchi. Discussions also focused on future projects, especially expanding vocational education and training opportunities.
During the visit, the State Secretary of the German Federal Ministry for Economic Affairs and Energy, Dr. Thomas Steffen called on Sri Lanka’s Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath and discussed Sri Lanka’s recent economic progress, improved political stability, and the government’s ongoing efforts to create a more investor- friendly environment.
The visit primarily focused on strengthening economic cooperation between the two countries, including considerable opportunities in emerging areas. Addressing a business forum organized by the Sri Lanka Embassy in Berlin, the German Chamber of Commerce and Industry (DIHK) and the German Asia-Pacific Business Association (OAV) and held at the headquarters of the DIHK, President Disanayake reiterated that Sri Lanka will create a conductive and transparent investment climate and invited the business community to make use of opportunities presented by Sri Lanka’s development potential and strategic location.
At a meeting with key tourism industry associations in Germany focused on outbound tourism, President Disanayake explained the plans of the government to protect the sustainable nature of the tourism industry of Sri Lanka and to address constraints such as human resource development to ensure the continued growth of the vital industry. The President also addressed aspects related to investment in the tourism industry.
The President was accompanied to the meetings by the Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath; Sri Lanka’s Ambassador to Germany Varuni Muthukumarana; Director General for Europe and North America at the Ministry of Foreign Affairs, Foreign Employment and Tourism Sugeeshwara Gunaratna; Chairman of the Board of Investment Arjuna Herath; and other Senior Government officials.