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Cabinet nod to extend duty concessions to apparel industry
The Cabinet of Ministers at its meeting on Monday approved granting duty concessions to import appliances and items needed for the apparel industry.
Colombo Port City begins strategic businesses to generate foreign exchange
The Colombo Port City is set to start businesses of strategic importance with offshore companies, authorized persons, duty-free retail operations following the cabinet approval for its Duty-Free Regulations soon.
India expects a part of US $8-$9 bn bilateral trade with Sri Lanka in two months
India expects bilateral trade worth $8-9 billion with Russia and Sri Lanka in the next two months after it allowed international trade in rupees, India’s trade secretary B. V. R. Subrahmanyam said.
US State Secretary says SL has an opportunity to form more democratic Govt:
Sri Lanka is in a moment of challenge and crisis but has an opportunity to create a more democratic and an inclusive Government, says the U.S. Secretary of State, Antony Blinken.
Sri Lanka continues spending heavily for public debt interest payment
Sri Lanka is continuing to spend a substantial amount of its earnings for its interest payment on public debt this year, Finance Ministry data shows.