Global Trade Alert
Global Trade Alert

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Sri Lanka: Foreign companies permitted to lend their Sri Lankan subsidiaries for financing imports

Description

On 2 December 2022, the Sri Lankan government through Foreign Exchange (Short Term Foreign Currency Loans from a Company Incorporated Outside Sri Lanka) Regulations No. 2 of 2022 permitted Sri Lankan ...

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Intervention Details

Intervention Type

Trade payment measure

MAST Chapter

G: Finance measures

Implementation date

02 Dec 2022

Revocation date

01 Dec 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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