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Sri Lanka duty-free concessions in the exhibition, Hero managing director of Munjal in an exclusive interview with Europe Bike stressed that the acquisition of Sri Lanka is part of Cycles Hero's strategy to further expand its global business. In addition, Hero will per cheap air jordans form this merger because Sri Lanka will regain the bicycle duty-free exports to the EU preferential. This allows bicycles imported to Sri Lanka EU member states can save 14% of the import tax. The European Commission member : "the country on the right track" the European Commission responsible for international cooperation and Development Committee neven Mimica week in Sri Lanka Colombo said that the country is located in to get the right track for the European Union awarded the country's trade preferences of the generalized system of preferences (GSP) on. A member of the European Commission also said: "we will make concessions and Sri Lanka cooperation at an early date. The GSP+ approval process takes about 10 to 12 months. This process is already on the road, there will be a meeting in April the delegation from the European Union to Sri lanka." Third Hero's acquisition of BSH Ventures is Hero Cycles in this about a year for the third time in mergers and acquisitions. The company bought India based high order bicycle brand Firefox, then bought the British based Avocet. In the BSH Ventures Ltd began operations in 2011 is an export oriented bicycle manufacturers. More than 100 employees, annual output of 250 thousand bicycles. The top of the plant is located in the exp jordan 3 katrina 2018 ort processing zone Biyagama, and confirmed to meet all international standards and norms. BSH is about to set up a $four million investment. Manufacturing and marketing Raleigh BSH Raleigh International has a bike license. 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