HomeNewsGovt. Fast-Tracks Repeal of PTA to Secure GSP+ Trade Concessions

Govt. Fast-Tracks Repeal of PTA to Secure GSP+ Trade Concessions

Govt. Fast-Tracks Repeal of PTA to Secure GSP+ Trade Concessions

spot_img

The Government is preparing to fast-track the repeal of the controversial Prevention of Terrorism Act (PTA) as part of its efforts to retain access to the European Union’s GSP+ trade concessions, Ceylon Today newspaper reported.

A high-level EU delegation is expected to visit Sri Lanka in May to engage in discussions on trade, investment, and human rights. The EU has repeatedly expressed concerns over the PTA, citing its misuse to suppress dissent and undermine civil liberties, and has called for its repeal as a condition for continued GSP+ benefits.

Deputy Minister of Economic Development Anil Jayantha Fernando said the visit will also be an opportunity to explore export diversification and broader economic cooperation with the EU. He noted that Sri Lanka stands a strong chance of maintaining GSP+ status if it can demonstrate progress in human rights protection and legal reform.

Justice Minister Harshana Nanayakkara confirmed that the Government is ready to proceed with repealing the Act without delay. Public consultations are scheduled to begin next month to gather views from civil society groups, the public, and other stakeholders, the newspaper said.

Nanayakkara noted that much of the necessary feedback has already been collected, allowing the process to move forward quickly. He stressed the importance of establishing a new legal framework that protects human rights, addresses global terrorism threats, and upholds the rule of law.

The repeal and legal reform process is expected to be completed in time to meet the EU’s expectations during the upcoming discussions.

spot_img

Latest articles

Nepal brings Everest closer with ‘Sagarmatha Programme’ in Colombo

The Embassy of Nepal in Colombo has announced plans to host a special “Sagarmatha...

No fuel price revision for 1 May, CPC says

The Ceylon Petroleum Corporation (CPC) has announced that no fuel price revision will be...

Finance Ministry officer linked to USD 2.5m fraud probe found dead

An Assistant Director at the External Resources Department of the Finance Ministry, who had...

Gold prices decline in Sri Lanka in line with global market trends

Gold prices in Sri Lanka recorded a decline today, in line with movements in...

More like this

Nepal brings Everest closer with ‘Sagarmatha Programme’ in Colombo

The Embassy of Nepal in Colombo has announced plans to host a special “Sagarmatha...

No fuel price revision for 1 May, CPC says

The Ceylon Petroleum Corporation (CPC) has announced that no fuel price revision will be...

Finance Ministry officer linked to USD 2.5m fraud probe found dead

An Assistant Director at the External Resources Department of the Finance Ministry, who had...