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EU Plans Temporarily Stop on Sri Lanka's Duty Free Export Status
BikeEu,
Jan 6.
BRUSSELS, Belgium – The European Commission has completed a thorough investigation into the human rights situation in Sri Lanka in relation to the country’s duty free export status for bicycles and bicycle parts. Christiane Hohmann, the Commission’s spokesperson for Trade said:
“Sri Lanka is not living up to the commitments it made to respect international human rights standards when it became a beneficiary of the European Union’s General System of Preferences (GSP+) trade incentive scheme which provides for additional trade benefits. We have come to the conclusion that there are significant shortcomings in this area and that Sri Lanka is in breach of its GSP+ commitments.”
The Commission launched this investigation on 14 October 2008 to assess whether the national legislation of Sri Lanka incorporating three UN human rights conventions was effectively implemented. These three conventions, the International Covenant on Civil and Political Rights (ICCPR), the Convention against Torture (CAT) and the Convention on the Rights of the Child (CRC) are among the 27 international conventions that form part of the substantive qualifying criteria for GSP+.
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Published: Tue Jan 5 20:32:19 EST 2010
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Sri Lanka extends emergency
hindu,
jan 6.
COLOMBO: The Sri Lankan Parliament on Tuesday voted to extend the state of emergency in the country by another month.
The government motion was passed with 97 members voting in favour and 18 members voting against.
Emergency in Sri Lanka was re-imposed after the assassination of the former Foreign Minister, Lakshman Kadirgamar, by suspected LTTE cadres in August 2005.
Under the Sri Lankan Constitution, only Parliament has the right to proclaim emergency and it is valid only for a month. From August 2005, the Sri Lankan Parliament has been extending the emergency every month.
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Published: Tue Jan 5 20:15:46 EST 2010
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Feds: New charges pending against Rajaratnam
AP,
Jan 6.
NEW YORK - Federal prosecutors said Tuesday they will file new charges against billionaire Sri Lankan-born hedge fund operator Raj Rajaratnam alleging he made at least $36 million from trades based on insider information, double what the government previously believed.
The government's plans were outlined in court papers filed in U.S. District Court in Manhattan. Prosecutors oppose a request by lawyers for Rajaratnam to reduce his bail from $100 million to $25 million. Government attorneys said a rewritten indictment will be brought.
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Published: Tue Jan 5 20:16:40 EST 2010
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