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Lanka to cut tariff on Indian imports from next month
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Post Lanka to cut tariff on Indian imports from next month 
financialexpress.com,  Sun Mar 26 21:21:23 EST 2006

    COLOMBO, MARCH 26:  Sri Lanka will relax its import tariff on a host of Indian goods from next month as part of a bilateral trade deal.

Over 2,000 Indian goods are covered under the new tariff structure. The tariff rate for Indian finished goods will fall from 28.0% to 8.40% and from 2.5% to 0.75% for industrial raw materials and machinery.
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Lanka and India must invoved in a FREE trade as in the early ages. No tarrif for Indian and Sri lankan is a best idea! Encourage barter trade between two nations because both have same cultural connections.

Sri lanka will benefit more!


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