Sri Lanka, Oct. 13 -- EU accounts for over 24% of Sri Lanka's total exports, making it one of the country's largest export markets Sri Lanka under review by the EU for renewal of the GSP+ facility effective after 2027. Tougher conditions ahead: New EU criteria expand beyond the existing 27 conventions to include additional human rights and labour standards Replacement of the Prevention of Terrorism Act (PTA) with a counterterrorism law meeting international standards is stressed Colombo, Oct. 13 (Daily Mirror) - A great deal of work remains to be done by Sri Lanka to retain and expand its export market in the European Union (EU), which currently absorbs more than 24 percent of the country's total exports, Daily Mirror learns.

Sri Lanka i...