The re-authorised US generalised scheme of preferences (GSP) will become active for Sri Lankan exporters from April 22 Minister of Industry and Commerce Rishad Bathiudeen said.
US President Donald Trump re-authorised US GSP facility for 120 countries when he signed the US Omnibus Spending Bill on 23 March.
The re-authorisation opens opportunities for around 5000 products to be imported to US without tariff from 120 developing countries. Sri Lanka will now benefit from the renewed US GSP Scheme until 31 December 2020.
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