Global Trade Alert
Global Trade Alert

Sri Lanka: Cash margin requirement for motor vehicles

Announcement

30 Aug 2013

In August 2013, the government of Sri Lanka announced a change in the settlement of trade invoices.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Aug 2013

Revocation date:

29 Dec 2013

Updated: 30 Aug 2013
Trade payment measure
On August 30, 2013, the Central Bank of Sri Lanka issued circular 35/01/005/0010/15 to commercial banks, instructing them not to open Letters of Credit for the importation of motor vehicles and parts ...
Sign in to see more

Threads

See all

This state act is not part of any Thread yet.