Sri Lanka reforms its anti-terror law as EU reviews trade scheme

Vote on anti-terror law followed an EU Parliament resolution last year that called for a preferential trade scheme with Sri Lanka to be used as leverage for rights reforms in the South Asian nation

Sri Lanka
A Sri Lankan man wearing a protective mask crosses a deserted road. (Photo: AP)
AP
1 min read Last Updated : Mar 24 2022 | 2:15 AM IST
Sri Lankan lawmakers on Tuesday approved reforms to a harsh anti-terror law that rights groups have long criticised, as the country looks to shore up its trade relations with the European Union amid its worst economic crisis in memory.

The vote on the anti-terror law followed a European Parliament resolution last year that called for a preferential trade scheme with Sri Lanka to be used as leverage for rights reforms in the South Asian country.

The Generalized Scheme of Preferences, or GSP Plus, allows substantial duty sops on imports from selected countries.                 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :sri lankaEuropean UnionEconomic Crisis

Next Story