Sri Lanka Pushes for Lower Tariffs on Exports
Sri Lanka is currently in discussions with the United States to further reduce reciprocal tariff rates imposed on Sri Lankan exports, according to National People's Power (NPP) MP Padmasiri Bandara.
Speaking to media following a public event held in Anuradhapura, Bandara emphasized that the government is actively working to secure more favorable trade terms for Sri Lankan producers, particularly in light of past criticisms from the opposition.
“The opposition has repeatedly claimed that the U.S. is using tariffs to pressure the government and restrict its policy direction. But we’ve proven otherwise,” Bandara said. “We’ve already reduced the tariff rate from 44% to 30%, and then further down to 20% following negotiations. Talks are still ongoing to bring it even lower.”
Local News
Health Ministry Raises Overtime Pay For CPR Officers
31 August 2025
Nimal Lanza Requests Permission to Bring Food From Home
31 August 2025
Trending News
SIMs to be deactivated on unregistered new mobile devices from tomorrow
30 September 2020
Popular actress Sureni Senarath passes away
26 May 2021
CSE ASPI touch all-time high of 10,037.61
27 October 2021
