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

‘Kill and Dump’ Haunts Balochistan Again

The latest killings have reignited accusations of extrajudicial executions and the use of counterterrorism laws to cover up custodial deaths in Balochistan….reports Asian Lite News Concerns have deepened across Balochistan following the

‘ASEAN Expands, But Keeps Its Soul’

Malaysian Foreign Minister Mohamad Hasan urged ASEAN to uphold its unity and strategic resolve amid intensifying geopolitical tensions and mounting external pressures…reports Asian Lite News Consensus and inclusivity will remain the cornerstones

Bangladesh bends to beat Trump’s blow

Dhaka seeks compromise as Trump’s 35% tariff looms large over key exports; Washington urges worker protections, factory relocation to US…reports Asian Lite News Bangladesh has opened the second round of critical trade

China seethes as US lands F-35s in PH

As US F-35 jets land in the Philippines for the first time, Manila cements its frontline role in Washington’s power play against rising China….reports Asian Lite News The Philippines is rapidly cementing
Go toTop

Don't Miss

Lanka woos foreign investors

Sri Lanka’s state-owned investment agency the Board of Investment (BOI)

Sleuths grill four Sri Lankan MPs over attack on protesters

The investigation team recorded the statements of the four MPs