Sri Lanka to Seek U.S. Tariff Relief Amid Trade Tensions
Sri Lanka is set to begin urgent discussions with the United States in a bid to alleviate the 44% tariffs imposed by former.
Economics
Economics
Sri Lanka Risks Losing US$ 1.23bn in EU Exports if GSP+ Revoked
Sri Lanka could face losses of up to US$ 1.23 billion if it loses its Generalised Scheme of Preferences Plus (GSP+) trade benefits.
- March 21, 2025
Economics
Sri Lanka and Indonesia Collaborate for UK Tariff Benefits on Apparel Exports
Sri Lanka and Indonesia are set to submit a joint application to enhance their apparel exports under the United Kingdom’s tariff preference scheme.
- October 29, 2024
Economics
IMF Warns of Global Economic Risks from Elections and Policy Shifts
The International Monetary Fund (IMF) has raised concerns about the elevated uncertainty surrounding the global economic outlook, citing the potential impact of elections.
- October 23, 2024
Economics
Sri Lanka’s Export Economy Faces Challenges, IPS Calls for Diversification and Policy Reforms
According to the Institute of Policy Studies (IPS), Sri Lanka’s export economy remains heavily reliant on apparel, with goods and services exports accounting.
- October 22, 2024