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New Tariff Policy Aims to End Decades of Protectionist Drift - LNW Lanka News Web
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New Tariff Policy Aims to End Decades of Protectionist Drift - LNW Lanka News Web
Sri Lanka is preparing to introduce a landmark national tariff policy by mid-2026, marking what officials describe as the most sweeping overhaul of the country’s trade and import tax system in decades. The Trade, Commerce and Food Security Ministry says the reform will replace a long-criticised structure of ad-hoc, sector-driven protection that has undermined competitiveness, discouraged innovation, and locked the economy out of global value cha…
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