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.