eLanka

Wednesday, 1 Oct 2025
  • Home
  • Read History
  • Articles
    • eLanka Journalists
  • Events
  • Useful links
    • Obituaries
    • Seeking to Contact
    • eLanka Newsletters
    • eLanka Testimonials
    • Sri Lanka Newspapers
    • Sri Lanka TV LIVE
    • Sri Lanka Radio
    • eLanka Recepies
  • Gallery
  • Contact
Newsletter
  • eLanka Weddings
  • Property
  • eLanka Shop
  • Business Directory
eLankaeLanka
Font ResizerAa
Search
  • Home
  • Read History
  • Articles
    • eLanka Journalists
  • Events
  • Useful links
    • Obituaries
    • Seeking to Contact
    • eLanka Newsletters
    • eLanka Testimonials
    • Sri Lanka Newspapers
    • Sri Lanka TV LIVE
    • Sri Lanka Radio
    • eLanka Recepies
  • Gallery
  • Contact
Follow US
© 2005 – 2025 eLanka Pty Ltd. All Rights Reserved.
Home » Blog » Articles » Lanka to benefit from access to UK’s new trading scheme: HC Hulton
Articles

Lanka to benefit from access to UK’s new trading scheme: HC Hulton

eLanka admin
Last updated: August 22, 2022 6:20 pm
By
eLanka admin
ByeLanka admin
Follow:
Share
2 Min Read
SHARE

Lanka to benefit from access to UK’s new trading scheme: HC Hulton

HC Hulton

Source:Island

ECONOMYNEXT –Sri Lanka will benefit from the UK’s new trade concessionary scheme Developing Countries Trading Scheme (DCTS) that will replace the GSP+ in that country and will be in force from 2023.

“The UK’s new Developing Countries Trading Scheme (DCTS) is one of the most generous sets of trading preferences of any country in the world, and will benefit Sri Lanka by boosting the economy and supporting jobs,” British High Commissioner to Sri Lanka Sarah Hulton said in a tweet on Tuesday August 16.

More Read

Sri Lanka rue missed opportunities in World Cup opener against India. - BY TREVINE RODRIGO IN MELBOURNE. (eLanka Sports Editor).
Sri Lanka rue missed opportunities in World Cup opener against India. – BY TREVINE RODRIGO IN MELBOURNE. (eLanka Sports Editor).
loving memory Lionel Seneviratne
What it takes to make Prime Minister Modi’s call to buy domestic goods feasible? – By N.S.Venkataraman

Under the new scheme, Hulton said, Sri Lanka will continue to benefit from duty free exports to the UK on over 80 percent of export products while tariffs on over 150 additional products will also be removed.

“It will also simplify some season tariffs, meaning additional and simpler access for Sri Lanka’s exports to the UK,” Hulton said.

Sri Lanka’s access to the Generalised Scheme of Preferences (GSP) Plus was already under review for extension as the country failed to adhere to several of the commitments it made, mainly with regard to human rights.GSP is an annual trade concession worth over 500 million US dollars which has boosted Sri Lanka’s exports to EU member states mainly in the garments sector, a top forex earner.

The EU has stressed on several occasions that the island nation needs to uphold its commitments, particularly with regard to eradicating human rights violations in the country.Recently Sri Lanka landed in hot water as it failed to implement several of the commitments undertaken including repealing the Prevention of Terrorism Act (PTA).The EU also had concerns over arbitrary arrests of activists and journalists and detainees.Sri Lanka lost access to GSP Plus in 2010 due to alleged human rights violations but regained it in 2016 after pledging to implement 27 international conventions.

TAGGED:Generalised Scheme of PreferencesPrevention of Terrorism Act (PTA)Sri Lanka Sarah Hulton
Share This Article
Email Copy Link Print
Previous Article Ian Chappell After brilliant 45 years, Ian Chappell quits commentaries- by Rex Clementine
Next Article Top Occupations Top Occupations for Australian Immigration in 2022
FacebookLike
YoutubeSubscribe
LinkedInFollow
Most Read
10 Pictures With Fascinating Stories Behind Them!

“A PICTURE SPEAKS A 1000 WORDS” – By Des Kelly

Look past your thoughts so you may drink the pure nectar of this moment

A Life Hack for when we’re Burnt Out & Broken Down – By Uma Panch

Narration of the History of our Proud Ancestral (Orang Jawa) Heritage. by Noor R. Rahim

eLanka Weddings

eLanka Marriage Proposals

Noel News

Noel News

Noel News

Noel News- By Noel Whittaker

EILEEN MARY SIBELLE DE SILVA (nee DISSANAYAKE) – 29 September 1922 – 6 April 2018 – A Woman of Value an Appreciation written by Mohini Gunasekera

K.K.S. Cement Factory

Dr.Harold Gunatillake’s 90th Birthday party

Sri Lanka's women's cricket squad in Melbourne

Cricket: Sri Lanka’s women’s squad in Melbourne

- Advertisement -
Ad image
Related News
Articles

Qld Sri Lankan Newsletter – Dæhæna – September 2025

Brisbane Heat launches Shaheen's Fan Bay to celebrate Shaheen Shah Afridi’s first BBL stint
Articles

Brisbane Heat launches Shaheen’s Fan Bay to celebrate Shaheen Shah Afridi’s first BBL stint

IN LOVING MEMORY OF BEULAH ERIN WAHAB
Articles Obituaries

IN LOVING MEMORY OF BEULAH ERIN WAHAB

Trump Netanyahu Gaza peace plan , US peace plan for Gaza 2025 , Trump Gaza ceasefire proposal , Netanyahu Hamas peace agreement , Middle East peace negotiations , Gaza humanitarian aid initiative , Israel Palestine two-state solution talks
Articles Dr Harold Gunatillake

Trump and Netanyahu Announce New US Peace Plan for Gaza – By Dr Harold Gunatillake

Elanka newsletter
Articles eLanka Newsletters

eLanka Newsletter -28th September 2025 – 4th Edition – Sri Lankans In Australia

  • Quick Links:
  • Articles
  • DESMOND KELLY
  • Dr Harold Gunatillake
  • English Videos
  • Sri Lanka
  • Sinhala Videos
  • eLanka Newsletters
  • Obituaries
  • Tamil Videos
  • Dr. Harold Gunatillake
  • Sunil Thenabadu
  • Sinhala Movies
  • Trevine Rodrigo
  • Michael Roberts
  • Tamil Movies

eLanka

Your Trusted Source for News & Community Stories: Stay connected with reliable updates, inspiring features, and breaking news. From politics and technology to culture, lifestyle, and events, eLanka brings you stories that matter — keeping you informed, engaged, and connected 24/7.
Kerrie road, Oatlands , NSW 2117 , Australia.
Email : info@eLanka.com.au / rasangivjes@gmail.com.
WhatsApp : +61402905275 / +94775882546

(c) 2005 – 2025 eLanka Pty Ltd. All Rights Reserved.