US GSP benefits to be restored

The United States is expected to restore the suspended US GSP scheme, which has affected many countries including Sri Lanka, anytime between September and December this year, a visiting US trade official has said.

During meetings with local trade unions this week, Michael O. Donovan, International Economist of the Trade Policy and Negotiation Division of the US Trade Office, said the benefits, suspended in December 2010 due to technical reasons, would be restored with retrospective effect (from January 2011) with monies from additional taxes reimbursed to the importers, according to Palitha Athukorala, President of the Progress Union.

Mr. Athukorala said the visiting trade official also met labour authorities and employers during his four-day visit connected with issues relating to the US GSP and the trade union petition against the Sri Lankan Government on labour rights and freedom of association.

GSP benefits which Sri Lanka is entitled to in many products excluding textiles and garments have been off the rack since December 2010 and the approval of the US Congress is needed to lift the suspension.

Local authorities have also been working with the ILO office in Colombo to improve relations between trade unions and employers, and several meetings and workshops have been held for this purpose.
Mr. Athukorala said Mr. Donovan also reviewed the recent establishment of a facilitation centre by the Board of Investment for workers to meet trade union officials. But one of the concerns here is that the centre has been set up outside the FTZ.

Sri Lanka is making efforts to improve labour rights in FTZs to avert any possible US sanctions after the probe on the petition, that labour rights are being flouted in the country. Earlier in July ILO Director in Colombo Donglin Li made a public plea for US trade authorities to restore the suspended GSP trade benefits.

Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
Other News Articles
Revised Galle Face deal offered to Chinese firm
Singapore fuel dealer rejects charges of supplying dirty petrol
Police vow legal action against those who deface Colombo
US GSP benefits to be restored
Electricity rates on new basis
Now internal battles in JVP
ME unrest affects local tea exports
New name boards for 145th Police Dept. celebrations
Women activists to petition SC that State has failed in its duty
Cracking down on litter and hygiene offenders
Send an SMS to find out status of PCC
8.7 million species exist on Earth, study shows
This is not the way to build a road: PS members tell RDA officials
Animal sanctuary visitors hit by trackers’ demand
Golf course threat to prime natural habitat in Udawalawe
One elephant for every 3,300 persons in Lanka
Keep away during jumbo rescue missions: Wildlife officials appeal to villagers
Beware of unlicensed X-ray machines and uncontrolled radiation
New-look maternity clinics to come up islandwide
Country in for a shock
N. Eliya veggie farmers in dire straits
PCCSL organises National Conference on Self Regulation
Concern for crew onboard arrested ship at H’tota port
Golden girl Upamalika’s hard journey to success
Oh for a place to call home!
Could we hope for a crime free society?
India gives a hand with limbs for Jaffna war victims
Recklessly driven backup jeep sans VIP kills motorcyclist
Posters, cut-outs and promises dominate launch of LG polls campaigns
Green to Blue for want of top slot
Sri Lanka students stranded overseas
Accidents daily on Jaffna-Colombo route


Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 1996 - 2011 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved | Site best viewed in IE ver 8.0 @ 1024 x 768 resolution