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                    Better utilization of GSP+ discussed between Sri Lanka & Hungary
                                        COLOMBO (News 1st); Foreign Minister Peiris emphasized the need to optimize utilization of the EU GSP+ facility in accessing the Hungarian market, as Sri Lanka’s key exports benefit from duty free access to the EU market. Moreover, interest was also expressed in the early conclusion of the Double Taxation Agreement between the two countries, as well as cooperation, inter alia, in science and technology, Ayruveda and renewable energy.The two Ministers met on 12th January during the Hungarian Minister Péter Szijjártó’s visit to Sri Lanka. Minister Peiris noted with appreciation Hungary’s empathetic approach towards Sri Lanka in addressing residual issues of reconciliation, and apprised the Hungarian Minister on progress in reconciliation and the credible domestic framework in process to promote and protect human rights, in keeping with the country’s international obligations.