Global Trade Alert
Global Trade Alert

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Sri Lanka: Certain payment methods restricted for importers

Description

On 6 May 2022, the Sri Lankan Ministry of Finance through extraordinary gazette No. 2278/21 restricted the use of open account payment terms or consignment account terms for importing goods into Sri L...

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Intervention Details

Intervention Type

Trade payment measure

MAST Chapter

G: Finance measures

Implementation date

20 May 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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