ANNOUNCEMENT 22 Nov 2010

In November 2010, the government of Sri Lanka announced a change in import formalities.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Official notification:
http://www.cbsl.gov.lk/pics_n_docs/09_lr/_docs/directions/ecd/1_ecd2010_Dir_Jewellery%20Dealers.pdf


Inception date: 22 Nov 2010 | Removal date: open ended

Import-related non-tariff measure, nes

 On 22 November 2010, the Central Bank of Sri Lanka decided to extend the foreign currency account facility to importers of gem and/or jewelry. This facility was earlier available only to direct and indirect exporters of these items.
 
The foreign currency account facility permits a non-chequable savings or fixed deposit account and allows certain domestic and international foreign currency transactions.

AFFECTED SECTORS

 
163 382

AFFECTED PRODUCTS

 
710231 710239 710391