Saturday, February 11, 2017

Framework agreement on tax and customs duties to EU

The European Union (EU) funded by grants amounting to more than US $ 220 million to the Government of Sri Lanka and also a significant amount of humanitarian aid has been provided.

2014 - 210 million euros (about 34 billion for the period 2020) to provide more aid and the EU have agreed to, and the amount of € 72 million has been allocated for 03 projects already.


Duty imposed by the government grants financial assistance given by the Association of the European Union guidelines, can not be used for paying taxes and other financial taxes.

The approval of the EU common budget funded projects to taxes applied by Sri Lanka Agreement Framework of customs duties as the Minister of National Policy and Economic Affairs to enter the European Union Prime Minister Ranil Wickremesinghe, the proposal by the Cabinet was.