Regulatory & Policy NewsEconomy-wide / Cross-sector
⚠️ Ceylon Chamber Warns New Bills Risk EU GSP+ Status
• Context: The Ceylon Chamber of Commerce (CCC) submitted feedback on the draft Protection of the State from Terrorism (PST) Bill and is finalizing views on the Prevention of Organised Crime Bill. • Core Concerns: Called for clear definitions, judicial oversight, and due process safeguards to protect investor confidence and legal certainty. • Economic Impact: Stressed aligning new legislation with international standards to safeguard EU GSP+ concessions, which are critical for export competitiveness, forex earnings, and employment in key sectors like apparel & textiles. • Status: The private sector trade body remains engaged with policymakers to balance national security priorities with economic growth and sustainable development.
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