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Focus on Non-Tariff Barriers:
Non-Tariff Barriers (NTBs) and other obstacles
that Sri Lanka’s exporters claim, are blocking them in using the
existing Indo-Lanka Free Trade Agreement (FTA) will be taken up at
the start of new trade talks with India next week.
The minimum room rates imposed on city hotels
will be abolished with the end of the next winter season. Tourism
Development, Lands and Christian Religious Affairs Minister John
Amaratunga has decided to abolish the minimum room rate regime from
March 31, 2017.
Minister of Petroleum Resources Development,
Chandima Weerakkody will be the chief guest at the ‘Meet the
Minister’ program, an interactive session with the business
community, on August 11, from 3.00 p.m to 4.30 p.m at the National
Chamber auditorium, D. R. Wijewardene Mawatha, Colombo 10.
The Export Development Board (EDB) targets an
export income of US$ 14.5 billion this year despite a tough global
business environment that has even affected the level of consumption
in countries. The EDB has set an ambitious target and is confident
of reaching it,
The Depositor’s Association of Central
Investments and Finance PLC (CIFL) is hopeful that there will be a
settlement soon, as they not received interest on their deposits,
nor have they been able to withdraw their deposits for the past
three and half years.
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