Tuesday, December 6, 2022

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US $ 6.7 million to be paid for the Chinese organic fertilizer ship today

It is reported that a sum of US $ 6.7 million is to be paid today (07) for the Chinese organic fertilizer ship in question.

People’s Bank says that the money will be paid to the Chinese company due to the removal of the enjoining order imposed by the Colombo Commercial High Court.

The Ministry of Agriculture Mahindananda Aluthgamage has stated that this amount will be paid as per an agreement reached between the Ministry of Agriculture and the relevant Chinese organic fertilizer company and that the company has agreed to supply quality fertilizer.

Payments for the fertilizer ship had been suspended due to a sample test conducted by the Plant Quarantine Service in Sri Lanka. However, later tests in a foreign laboratory revealed that it did not contain harmful bacteria.

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