The International Trade Centre (ITC) in collaboration with the Department of Commerce (DoC) of Sri Lanka organized a webinar on ‘GSP+ for Enhanced Market Access’ recently. The webinar was primarily aimed at creating a platform for Sri Lankan exporters to better understand ways to increase the utilization of GSP+ concessions in their businesses; particularly in view of the stresses of Covid-19 on international trade. Also speaking at the webinar, Mr. Prabhash Subasinghe, Chairman, Export Development Board called on local businesses to look at diversifying the Sri Lankan export basket and to use GSP+ as a tool for diversification. Mr. Subasinghe also noted that Sri Lankan exports to the EU are mostly concentrated in Western Europe. The webinar was moderated by Mr. Rajesh Aggarwal, Chief, Trade Facilitation and Policy for Business, ITC.

Source: The Nation November 16, 2020 11:00 UTC