INSUBCONTINENT EXCLUSIVE:
Finance State Minister Shehan Semasinghe says the restrictions imposed on imported goods, except vehicles, will be lifted in
October.Addressing a conference in Anuradhapura, the lawmaker mentioned that import restrictions are currently maintained on 600 HS codes
Due to these restrictions, he said an increase is observed in the prices of certain goods as there is not enough supply to meet the
demand.On August 14, the government, by way of a special gazette notification, eased the restrictions on importing public transport buses
and special-purpose heavy vehicles including, tankers, bowsers and fire trucks.Further, the government also decided to release heavy
vehicles imported during the restricted period and still remain uncleared at ports.This was the first time Sri Lanka rolled back the
restrictions on imported vehicles that were imposed in March 2020
However, the import bans on passenger vehicles are unlikely to be lifted anytime soon.
