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President allows import and re-export of spices with new gazette notification

March 11, Colombo (LNW): President Ranil Wickremesinghe in his capacity as the Minister of Finance has issued a gazette notification authorising the import and re-export of various spices, including pepper, ginger, nutmeg, and turmeric.

The gazette announcement outlines that pepper, nutmeg, mace, cardamom, ginger, turmeric, and other spices may be imported with the approval of the Controller General of Imports and Exports.

Importers are required to add a minimum local value of 35 per cent before re-exporting the spices.

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