SRI LANKA DUTY
July 1st, 2002
BY SWINEETHA DIAS WICKRAMANAYAKA, in Colombo
THE INTRODUCTION of protective duties or quantitative import quotas is being considered seriously by the Sri Lankan government, as a response to complaints from local shoe producers that foreign rivals - notably from China - are dumping cheap product on the island's market. The country's Industries Minister Rohitha Bogollagama has told local manufacturers to inform customs managers of the restrictions required to maintain competitive prices for locally manufactured footwear.
THE INTRODUCTION of protective duties or quantitative import quotas is being considered seriously by the Sri Lankan government, as a response to complaints from local shoe producers that foreign rivals - notably from China - are dumping cheap product on the island's market. The country's Industries Minister Rohitha Bogollagama has told local manufacturers to inform customs managers of the restrictions required to maintain competitive prices for locally manufactured footwear.
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