European Union’s Foreign and Trade Ministers Council has provided approval towards granting Generalised System of Preference Plus (GSP +) concession to Sri Lanka
Sri Lanka has been able to defeat a motion presented by a group of members in the European Parliament calling for denial of granting GSP+
India reiterated its commitment towards supporting Sri Lanka to become a powerful nation in the region and towards the efforts of the Sri Lankan government to empower people.
Finance ministry has postponed the proposed abolition of the SVAT system due to come into play on April 1 of 2017.
Cabinet has approved a proposal to increase the limit of Sri Lanka Development bonds from 1,500 Million USD to 3,000 million