Global Trade Alert
Global Trade Alert

Sri Lanka: Certain payment methods restricted for importers

Announcement

06 May 2022

The Sri Lankan Ministry of Finance has restricted the use of certain payment terms for importers.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 May 2022

Revocation date:

No revocation date

Updated: 06 May 2022
Trade payment measure In force

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 Sr...

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