CMI-KPMG to unravel untapped potential of GSP-Plus

Thursday, 6 July 2017 00:00 - - {{hitsCtrl.values.hits}}

The Sri Lankan business community is currently optimistic with Sri Lanka regaining GSP plus, as expectations are high that this will boost exports. As GSP plus provides an importer in the EU zero duty benefit on importation of listed goods, Sri Lankan exporters must negotiate favourable export prices for their goods with the buyers. Almost 6,200 eligible products under the GSP plus scheme could be exported to the EU duty free.

To provide insights on how exporters can gain valuable advantage and fully utilise this opportunity, the Chartered Management Institute (CMI) – UK’s Sri Lanka Branch, has announced a knowledge sharing forum, titled ‘GSP Plus: Unlocking Untapped Potential’ in association with its knowledge partner, KPMG in Sri Lanka. The forum will be held on Monday 10 July from 5 to 7:30 p.m. at Jetwing Hotel, Ward Place, Colombo 7.

Commenting on the event, CMI Sri Lanka President Malraj B. Kiriella stated: “While gaining GSP Plus is undoubtedly a positive development for Sri Lanka’s private sector, its impact will be realised only if the private sector is geared to fully utilise this opportunity. Thus the objective of the event is to provide an overview of the opportunities to fully leverage the benefits of GSP Plus.”

The event will feature a presentation on the topic by M.P. T. Cooray, Secretary General, Joint Apparel Association Forum and Suresh R. I. Perera, Principal – Tax and Regulatory, KPMG followed by an interactive panel discussion moderated by Reyaz Mihular – Managing Partner, KPMG.

The panel will include: Indira Malwatte, Chairperson and Chief Executive, EDB Sri Lanka; Dawn S. Austin, Managing Director, Nidro Supply; Channa Weerathunga, General Manager, Global Fisheries; Ranmal G. Jayasinghe, President, National Chamber of Exporters; Yohan Lawrence, Deputy Chairman, Joint Apparel Association Forum; Reyaz Mihular, Managing Partner, KPMG (Moderator); Suresh R. I. Perera, Principal – Tax and Regulatory, KPMG.

For registration please contact Chandima on T: 071-4264284 or Chaminda on T: 0777 790904 and via email: [email protected].