EU Cuts Sri Lankan Trade Benefits Over Rights Abuses

Law360, New York (February 17, 2010, 3:20 PM EST) -- The European Union has announced that it will remove Sri Lanka from a preferential trading regime that spared Sri Lankan exporters over $100 million in tariffs in 2008, citing human rights abuses in the country.

The EU announced Monday that it had decided to withdraw preferential tariff benefits to Sri Lanka under a special incentive arrangement known as Generalized System of Preferences Plus in the wake of a European Commission investigation that identified “significant shortcomings” in Sri Lanka’s implementation of three U.N. human rights conventions necessary...
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