Sri Lanka likely to receive GSP trade concession next week

The President further said that during the last two years the present Government was able to build friendship with all the countries in the world, eliminating many hindrances which halted the forward drive of the country. Expressing his views regarding the false propaganda carried out by some sections of the society regarding the Hambantota Port and the industrial zone, the President said that he is not ready to give the land rights of this country to any country in the world.The President further stated though new industries and investments are needed for the country and the lands for them will be given according to the laws and regulations of the constitution of Sri Lanka.“Our agreements with the countries, businessmen, investors and international organizations are very open. The current Government is honestly committed to the development of the country,” the President said. “Though some groups issue statements saying that the Government will change, nobody can’t put down the current Government. Nobody has any space to change the Government before the election which will be held in 2020,” he emphasized. He also said that while talking about development work with a great pride,  one must also pay attention to the severe debt burden in the country. He said that his Government is not ready in any way to launch mega-scale development projects by obtaining loans and ruining the future of the country.“We should take into consideration the tragedies faced by various countries in the world due to their severe debt burden,” the President added. The Asgiri Maha Nayaka Most Ven. Varakagoda Sri Gnanarathne Thero, Ministers Lakshman Kiriella and Abdul Haleem, Chief Minister of the Central Province Sarath Ekanayake and the British High Commissioner participated at this occasion. (Colombo Gazette) President Maithripala Sirisena says he has received information that Sri Lanka will receive the GSP + trade concession next week, marking a significant turning point in the industry and export fields of the country.He made these remarks while participating in a ceremony to open the newly built bridge in Halloluwa, Dodanwala, Kandy, today.

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