Clock ticking on GSP+: Why Sri Lanka must act now

Sri Lanka's GSP+ renewal arrives at a defining moment. The country is emerging from its worst economic crisis in decades while facing an increasingly competitive global trading environment. The India - EU Free Trade Agreement has changed the regional landscape and raised the stakes for Sri Lankan exporters.

Renewing GSP+ will remain essential for protecting export earnings, foreign exchange, and employment. Yet maintaining preferential access alone will not be enough. Sri Lanka must also accelerate reforms, strengthen competitiveness, and prepare for a future in which regional competition will only intensify.

Click the link below to read more: https://www.ft.lk/opinion/Clock-ticking-on-GSP-Why-Sri-Lanka-must-act-now/14-795799