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<p>In 2010 some trade preferences, known as GSP+, were removed from Sri Lanka by the
European Union following investigations and reports which found significant shortcomings
in respect of Sri Lanka’s implementation of three human rights conventions. Sri Lanka
continues to receive beneficial but less generous trade preferences from the EU under
the ‘standard’ GSP scheme.</p><p> </p><p> </p><p> </p><p>As was the case for Sri Lanka,
any decision for the EU to remove GSP+ preferences from a country is based on the
objective criteria and following the process established in the GSP Regulation as
agreed by European Member States and the European Parliament.</p><p> </p>
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