Taxonomy: Implementing Jurisdiction - Sri Lanka
Sri Lanka: Re-nationalisation of the national airline
Description
On June 6, 2010, the government of Sri Lanka announced that it bought back a 43.63 per cent stake of the national airline SriLankan Airlines that was previously owned by Emirates, a subsidiary of The Emirates Group which is wholly owned by the govSri Lanka: Nationalisation of the local arms of Royal Dutch Shell
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On November 3, 2010, the government of Sri Lanka bought back for USD 63 million the 51 per cent stake of Shell Gas Lanka and the 100 per cent stake of Shell Terminal Lanka owned by the Anglo-Dutch oil company Royal Dutch Shell.Sri Lanka: Increased import duty on milk powder
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On 4 May 2012, Sri Lanka increased the import duty on milk powder to 15 per cent. Milk powder is also subject to a minimum duty of Rs. 92 per kg. (USD 0.7 per kg)Sri Lanka: Higher excise duty on ethyl alcohol products for foreign suppliers
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On 3 April 2013, Sri Lanka amended its excise duty scheme on ethyl alcohol products (EAPs). It introduced higher duties for foreign compared to local suppliers.Sri Lanka: Increase in import duties on potatoes
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On 4 May 2013, Sri Lanka increased the import duty on potatoes from Rs.15 per kg to Rs. to Rs. 25 (per kg).Sri Lanka: Prohibition of imports of Ethanol
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On 1 March 2013, Sri Lanka banned the import of ethanol (HS codes, 2207.10 and 2207.20).Sri Lanka: Increased export duty on bulk tea
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On 23 January 2013, Sri Lanka increased the export duties on bulk tea (HS Codes 0902.40.91, 0902.40.92, 0902.40.93 and 0902.40.99) from Rs. 4 per kg to Rs. 10 per kg. (USD 0.08 per kg)Sri Lanka: Ban of land sales to foreigners
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On 21 February 2013, Sri Lanka banned the sale of land to foreigners.Sri Lanka: Possible ban on sale of land to foreigners
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On 21 February 2013, the Cabinet of Sri Lanka approved the drafting of an amendment to the current regulation to restrict foreign investment in real estate. The cabinet will introduce provisions to:Sri Lanka: Grant of seasonal working visa to Indians
Description
On 24 February 2012, the Agriculture Minister, Mahinda Yapa Abeywardena, asserted (due to a shortage of workers) that Indian citizens should be granted a seasonal working visa in order to harvest paddy in the north-east of the country.
