Prime Minister Ranil Wickremesinghe last week said he will be traveling to Brussels on Saturday to be part of the Sri Lankan delegation that will negotiate the Generalized System of Preferences (GSP) plus trade concession with the European Commission. Delivering the inaugural speech at the World Export Development Forum held in Colombo, the Premier said that although Sri Lanka and Bangladesh were given GSP plus around the same time, Bangladesh kept it and experienced faster export growth which Sri Lanka failed.In June this year, Sri Lanka had formally submitted its application to the EU to regain its lost trade concession which it hopes to regain by early next year.