Remove trade barriers for better economic ties, Sri Lanka tells India
Sri Lanka on Friday urged India to remove trade barriers for better economic cooperation among South Asian nations, saying the move by the neighbouring country to restrict exports of onions has a massive impact on prices here.
Speaking at the India Economic Summit in New Delhi, Minister of Economic Reforms and Public Distribution of Sri Lanka Harsha de Silva asked India to remove restrictions on import of tea from Sri Lanka.
“India banned export of onions in the last few weeks, perhaps you may not realise it but in small countries like ours, it has major impact on prices,” he said.
Last month, India had banned exports of onion and imposed stock limit on traders to ensure domestic availability amid rising prices of the kitchen staple, which had touched ₹80 per kg.
The Indian Government had stopped shipments of onion at below minimum export prices to Sri Lanka and Bangladesh and warned violators of strict action.
(Source: PTI)
Latest Headlines in Sri Lanka
- Audit reveals misuse of electric vehicle permits for migrant workers in Sri Lanka November 23, 2024
- IMF approves third review: Sri Lanka secures $333 million tranche under EFF November 23, 2024
- Sri Lankan President urges accountability and unity for a better future November 23, 2024
- IMF third review talks with Sri Lanka successfully conclude November 22, 2024
- Professor Gomika Udugamasooriya appointed Senior Advisor to President on Science and Technology November 22, 2024
now only remember ? this would be remember before 4-5 years ago ……………….
India is looking after her economy, and not concerned about other countries.
Indian ministers would be severely penalised for importing sick cows, faulty bowsers, corrupt rice imports etc.
Our government should take note, and step up!
The nationalistic policies of India, including a strive for self sufficiency moves their economy forwards.