Sri Lanka to review proposed port tariff hike after protests
Jan 29, 2019 18:15 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - Sri Lanka has appointed a committee to review a hike in port charges proposed in late 2018, and no change will be made until March 15, a shipping ministry statement said.
Ports Minister Sagala Ratnayaka has been given approval by the cabinet of ministers to delay any hikes in charges after concerns were raised by the shippers.
Cabinet will review port charges after a committee made up of industry stakeholders and port officials presents a report, the statement said.
Sri Lanka Ports Authority (SLPA), and a member each from the Ceylon Association of Shipping Agents (CASA), the Chamber of Exporters, the Import Section of the Ceylon Chamber of Commerce, the Sri Lanka Logistics and Freight Forward Association (SLAFFA), Joint Apparel Associations Forum (JAAF), Association of Clearing and Forwarding Agent (ACFA) and the National Chamber of Commerce are in the committee.
The hike was approved by the cabinet of Ministers during the period Mahinda Rajapaksa was controversially appointed Prime Minister even though he did not have a parliamentary majority and were asked by the Court of Appeal to explain how they were in office.