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The EU signals willingness to renew Sri Lanka's GSP+ trade benefits, vital for its economy.
The EU has expressed a favorable view on renewing Sri Lanka's GSP+ trade concessions, which grant preferential access to EU markets.
During talks, President Anura Kumara Dissanayake thanked the EU for support during Sri Lanka's economic crisis and highlighted the role of GSP+ in aiding recovery.
Renewal depends on Sri Lanka's progress in meeting international conventions on human rights and governance.
The GSP+ is crucial for Sri Lanka's export sectors, including apparel and seafood.
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