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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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» Dividend Announcements
EU agrees to help Lanka lift ban EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

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» Capital Trust Broker in difficulty?
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» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
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» What Industry Would You Choose to Focus?
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» Should I Stick Around, or Should I Follow Others' Lead?
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    EU agrees to help Lanka lift ban

    xmart
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    EU agrees to help Lanka lift ban Empty EU agrees to help Lanka lift ban

    Post by xmart Sun Feb 01, 2015 11:49 am

    The European Commission has offered Sri Lanka assistance to meet the regulatory requirements that would enable an early lifting of the ban on fish exports to the EU.

    This follows talks held between Sri Lanka and the European Commission, the External Affairs Ministry said in a statement today.

    The Minister of Foreign Affairs, Mangala Samaraweera, concluded a two day official visit to Brussels today.

    Foreign Minister Samaraweera met Belgian Deputy Prime Minister and Minister of Foreign Affairs, Didier Reynders and members of the European Parliament.Brussels Belgium II

    He also held talks with the European Commissioner for Environment, Maritime Affairs and Fisheries, Karmenu Vella, and the European Commissioner for International Cooperation and Development, Neven Mimica.

    Discussions focused on strengthening Sri Lanka’s relations with the European Union and Belgium, the steps Sri Lanka has taken and will take to comply with international fishing regulations and the process of re qualifying for GSP+ tariff concessions.

    During the fruitful meetings the European Commission offered Sri Lanka assistance in meeting the regulatory requirements that would enable an early lifting of the ban on fish exports to the EU and displayed strong interest in expanding socio-economic ties and development programmes.

    Minister Samaraweera was accompanied by Secretary to the Ministry of Fisheries, Nimal Hettiarachchi, and former Ambassador to the EU, P.M. Amza.

    (Colombo Gazette)
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    EU agrees to help Lanka lift ban Empty Re: EU agrees to help Lanka lift ban

    Post by xmart Sun Feb 01, 2015 12:12 pm

    New tax revision has grant 60 Rs/Kg of canned fish. it is not cleared this tax reduction is applicable for import canned fish too. earlier it was 75 Rs per Kg.

    If this tax concession is given only to local manufacturers, it will boost Sri Lankan Canned fish market. average daily consumption of canned fish in Sri Lanka is around 150,000 per day.

    Local manufacturers couldn't compete with low quality Chinese import canned fish and have being asking previous gov. to increase import tax by 25 Rs.

    If they have reduced import tax by 60 Rs for canned fish, local manufacturers will have face a dire situation.

      Current date/time is Fri Nov 08, 2024 6:48 am