COLOMBO -- When a special five-member European Union delegation arrives in Colombo on Monday, its review of a vital trade concession could lead to substantial export losses for Sri Lanka, which has already suffered a steep drop in foreign reserves.
Dark human rights record could nix tax-free status in largest export market

The European Union will visit Sri Lanka next week to see if a desperately needed trading concession should be suspended because of a recent "U-turn" there on human rights. (Nikkei montage/Reuters)
COLOMBO -- When a special five-member European Union delegation arrives in Colombo on Monday, its review of a vital trade concession could lead to substantial export losses for Sri Lanka, which has already suffered a steep drop in foreign reserves.