President Anura Kumara Dissanayake has appointed a high-level committee to conduct a comprehensive study on the potential implications of the new reciprocal tariff system introduced by US President Donald Trump, and to submit recommendations to the government.
The committee will assess the risks and challenges posed by the tariffs on Sri Lankan exports and propose strategies to mitigate their economic impact.
Members of the committee include the Secretary to the Ministry of Finance, the Governor of the Central Bank, the Chairman of the Board of Investment of Sri Lanka, the Chairman of the Sri Lanka Export Development Board, and the Director General of Economic Affairs at the Ministry of Foreign Affairs.
In addition to government officials, the committee comprises key private sector and policy experts, including Senior Economic Advisor to the President Duminda Hulugamuwa, Chief Economic Policy Advisor to the Ceylon Chamber of Commerce Shiran Fernando, and industry leaders Ashroff Omar, Sherad Amalean, and Saif Jafferjee.
This initiative underscores the government’s proactive approach to safeguarding Sri Lanka’s trade interests and ensuring stability amid evolving global economic dynamics.
