US EditionSri Lanka to remove para-tariffs cess, PAL: Deputy Minister
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Sri Lanka to remove para-tariffs cess, PAL: Deputy Minister
ECONOMYNEXT – Sri Lanka will remove para-tariffs, such as cess and the port and airport development levy, as part of tariff reform in 2026, the deputy minister of industry has said. “Sri Lanka is preparing for the largest and most decisive shift in its economic transformation, with a new tariff policy set to be implemented in 2026 to better integrate our economy into global value chains,” Chathuranga Abeysinghe said on social platform X. “Under …
Sri Lanka Plans Major Tariff Overhaul to Boost Trade Competitiveness - LNW Lanka News Web
February 10, Colombo (LNW): Sri Lanka’s Ministry of Industry hosted the third round of consultations on Monday with World Bank experts Richard Walker and Anna Twum, focusing on the nation’s planned overhaul of its import tariff system.Deputy Minister of Industries and Entrepreneurship Development, Chathuranga Abeysinghe, said the 2026 policy will mark a major shift in the country’s economic framework by removing para-tariffs such as Cess and PAL…
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