CB should create framework to energise corporate sector
The Central Bank of Sri Lanka should work towards
establishing a framework within which the private sector could grow
and help the country realise the goal of rapid economic development,
Prof. Nalini Jeyapalan said.
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Indo-Lanka negotiations on Vanaspathi issue
The Lankan government is working with the Indian
government on ways to administer the quota and duty with regard to
recommencing the hydrogenated vegetable oil (Vanaspathi ghee)
exports to India. The export of Vanaspathi from Sri Lanka to India
was halted with effect from June 4 this year.
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Indian Qurantine procedures hampering local fruit exports
Local fruit and vegetable exporters face
difficulties in entering the Indian market due to the quarantine
system there. President of the Sri Lanka Fruit and Vegetable
Producers, Processors and Exporters' Association Sarath de Silva
told Daily News there is a good demand for local fruits such as
pineapple, Rambuttan and Mangooseteen in the Indian market. But
there is a barrier due to the quarantine system in India, for local
exports.
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