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Sri Lanka Trade Ministry to speedily clear all goods imported from India from the port

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COLOMBO : Sri Lankan Minister of Trade Dr. Bandula Gunawardena said his ministry is ready to release all goods imported from India and not yet released from the port and requested the importers to register with the Ministry of Trade soon.

Addressing a media briefing held at the Ministry of Trade, Minister Gunawardena requested the importers to as soon as possible send the information on getting the essential goods including essential foods, essential medicines, cement, textiles, animal foods, industrial raw materials, and special fertilizers cleared from the port to the telephone numbers introduced for the purpose.

Accordingly, the Ministry of Finance will expedite the release of these goods from the port after the registration by the importer with the Ministry of Trade providing the information including the name, item, quantity and amount payable and verification of the importer’s information.

The Trade Ministry has introduced telephone numbers 077-20-700-98, 071-83-905-64 and 071-82-469-20 to make any inquiries about the matter.

Commenting on the newspaper advertisement for the registration of importers for the import of essential commodities under the Indian Loan Scheme for the year 2022, the Minister said importers of such essential commodities imported from India during the last year as well as new importers wishing to import the above goods from India can visit the Ministry of Trade website at https://mot.bell.lk/ and apply online for registration from 21 March to 28 March.

The hard copy of the completed application should be delivered by hand or by registered post to the Ministry of Trade at No. 492, RA de Mel Mawatha, Colombo 03 on or before on 28 March 2022 at 3.30 pm.

The Minister further stated that since all parties will be working to sell products targeted for the festive season during the upcoming festive season, as a percentage the import of raw materials and the import of goods targeted for the festive season will decrease by the month of April.

Furthermore, according to economic analysts, the prevailing demand for the US dollar is likely to weaken in the near future and the dollar is likely to depreciate, the Minister noted.

The Minister also emphasized that apart from politics economically and technically as a country in order to grow the entire country should be transformed into an export processing zone to earn export earnings through product diversification, market diversification as well as innovation.

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