Sri Lanka's €744 mn EU trade: Can GSP+ survive the 2028 test?




Sri Lanka plans to reapply for EU GSP+ under the 2027 to 2036 framework, with preferences running until December 31, 2028 during transition.
Only 57.3 per cent of eligible Sri Lankan clothing imports used GSP+ in 2024, leaving €554 million outside the scheme.
Apparel exports fell 5.52 per cent in January to September 2026, while compliance, origin rules and sourcing flexibility shape renewal risks.



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