August 13, 2023
1 min read

Lanka to relax import restrictions on transport vehicles

The state minister told the media that the import restrictions on vehicles such as trucks and buses would be lifted…reports Asian Lite News

Sri Lanka will relax restrictions on imports of vehicles required for transportation of goods and passengers this week, State Finance Minister Ranjith Siyambalapitiya said on Sunday.

The state minister told the media that the import restrictions on vehicles such as trucks and buses would be lifted, Xinhua news agency reported.

The Sri Lankan government restricted the import of 1,465 items in August 2022 due to the economic crisis but lifted restrictions on most of those items on several separate occasions.

Official data show that Sri Lanka’s total import expenditure in 2022 amounted to over 18 billion US dollars, recording a decline of 11.4 per cent from 2021.

ALSO READ: Lanka to join RCEP

Previous Story

Eiffel Tower evacuated after bomb alert

Next Story

Ukrainian missiles shot down over Crimea bridge

Latest from -Top News

Dalai Lama Turns 90, Rubio Sends Wishes

Ahead of his 90th birthday, the Nobel Peace Laureate also confirmed that he will have a successor…reports Asian Lite News US Senator Marco Rubio extended warm birthday wishes to the Dalai Lama

BRICS must break the digital chains

BRICS nations need to build consensus, balance innovation and social justice by reinforcing the digital sovereignty of Global South, including evenly distribution of benefits through AI, writes Baidya Bikash Basu BRICS, the

Modi begins landmark Argentina visit

First Indian PM to visit in 57 years; economic ties, lithium and trade top agenda Prime Minister Narendra Modi kicked off a historic visit to Argentina on Saturday by paying homage to
Go toTop

Don't Miss

Ranil stresses need for high taxes despite protests

Making a special statement televised on Wednesday night, President Wickremesinghe

India’s credit line to save ailing Lanka

India, Sri Lanka’s closest neighbour had offered $1 billion credit