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Sri Lanka tells EU its committed to repeal Prevention of Terrorism Act to ensure GSP+

Summary by EconomyNext
ECONOMYNEXT – Sri Lanka told an EU-Sri Lanka Joint Commission that its committed to repealing the Prevention of Terrorism Act (PTA), which has been a sticking point in ensuring continued access for the island’s export goods to the European market through the GSP+ trade preferences scheme. “Sri Lanka confirmed the commitment to repeal the Prevention of Terrorism Act (PTA), and briefed the Working Group on the timeline to replace it with new count…
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EconomyNext broke the news in on Wednesday, May 7, 2025.
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