US Offers 0% Duty on 70–80% of Sri Lankan Exports: Dy Minister

US offers 0% duty on 70–80% of Sri Lankan exports: Dy Minister

The United States has offered to accept 70 to 80% of products exported from Sri Lanka without imposing any tariffs, Deputy Minister of Economic Development (Prof.) Anil Jayantha Fernando stated. MORE..

Sri Lanka in talks for duty free access to over 800 goods to US: report

ECONOMYNEXT – Sri Lanka is discussing a list of 1,161 items where the US has offered duty free access for for 70 to 80 percent of them, as part of ongoing tariff talks, Deputy Minister for Economic Development, Anil Jayantha Fernando said in a television talk show. The US has presented the list for discussions which included 42 agricultural items, he said in an interview with Sri Lanka’s Derana Television. Apparel was also included in the list, …

Sri Lanka in advanced talks with U.S. on sweeping tariff relief for key exports - LNW Lanka News Web

July 17, Colombo (LNW): Sri Lanka is engaged in high-level negotiations with the United States over a potential trade arrangement that could see a substantial majority of its exports entering the American market duty-free. According to Deputy Minister of Economic Development Professor Anil Jayantha Fernando, the United States has extended a preliminary offer to waive import tariffs on approximately 70 to 80 per cent of goods currently exported f…

UK Trade Reforms to Boost Sri Lankan Apparel Exports, Safeguard Jobs

The United Kingdom has unveiled a package of trade reforms aimed at streamlining imports from developing countries, which will provide Sri Lanka’s apparel industry a considerable boost. Under the revised Developing Countries Trading Scheme (DCTS), more Sri Lankan goods can now enter the UK tariff-free, even if they contain components supplied from Asia and Africa. The amendments will specifically liberalize rules of origin for garments, allowing…

UK Unveils New Trade Measures to Boost Imports from Developing Countries such as Cambodia, Lower Consumer Prices - Cambodia Investment Review

Cambodia Investment ReviewThe UK government has introduced a major update to its Developing Countries Trading Scheme (DCTS), aimed at making it easier for nations like Cambodia to export to Britain, while helping UK consumers access more affordable everyday goods. Announced on July 10 at a joint event by the Department for Business and Trade (DBT) and the Foreign, Commonwealth & Development Office (FCDO), the move is part of the UK’s post-Brexit…