Rubber industry calls for SVAT removal delay, warns of liquidity crunch | EconomyNext

Rubber industry calls for SVAT removal delay, warns of liquidity crunch | EconomyNext

Trade

Colombo Rubber Traders’ Association warns of industry-wide fallout from SVAT removal

Government has decided to remove SVAT from next week

“With an average US effective tariff rate of 16%, we expect global trade to slow further in the coming months,”

EDB and Germany’s Import Promotion Desk to expand cooperation

Expects world GDP to slow significantly this year, it said.

Geopolitics & sustainability seizing opportunities in the EU Market

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Importers, exporters have long complained about delays caused by excessive paperwork, inconsistent procedures

Institute of Policy Studies of Sri Lanka (IPS) article

In response to new regulations by the European Union that must be complied with when exporting rubber and related goods

Remittances have been on the rise since Central Bank gave up parallel exchange rate

The vehicles were detained by after a complaint that it had the same physical motor as in a 150kW

The US has set 20-pct tariff for Sri Lanka

Government and export sector representatives discuss future actions to be taken in facing the impact of US tariffs

Threatens other countries that import from Rssia

Car and Crossover numbers also pick up

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