November 4, 2020

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Labor Shortages at Port of Colombo Terminals

November 4, 2020 COVID-19 Updates, Global News, Market Updates

On Friday, Oct. 30, the government of Sri Lanka announced more severe lockdowns in the capital city of Colombo after a large increase in the number of COVID-19 cases. The restrictions barred travel for any non-essential purposes, which has led to labor shortages. Colombo serves as an important port of call, not just for exports…

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Presidential Proclamation Modifies GSP, Suspends Benefits for Thailand

November 4, 2020 Trade Translation

Under a Presidential Proclamation issued on Oct. 30, there will be a set of changes to the Generalized System of Preferences (GSP) that will take effect Nov. 1. Certain products have been added and removed from the list of goods that are eligible for GSP. Changes include the addition of fresh-cut roses, and the removal…

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