Monday August 26, 2019

Sri Lanka to abolish para tariffs in 1200 items, help for industry

Nov 09, 2017 16:19 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT - Sri Lanka will abolish para tariffs in 1200 items but will help domestic industry to reach international markets, Finance Minister Mangala Samaraweera said.

Sri Lanka had to end a protectionist policies that had kept export competitiveness, he said.

Sri Lanka will give subsidies for firms to get shelf - space in foreign markets.

An anti-dumping law and anti-monopoly law will be brought he said.



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