News
02 Aug, 2022

Migrant workers will be allowed to import electric vehicles based on the amount of USD they transfer to Sri Lanka, the Minister of Labour and Foreign Employment Manusha Nanayakkara said today.
The?Cabinet of Ministers approved a proposal presented by the Minister of Labour and Foreign Employment to provide an additional duty concession allowance for migrant workers based on the amount remitted to Sri Lanka through official channels.
The Minister said that a migrant worker who transfers USD 3000 to a Sri Lanka bank account will be permitted to purchase an electric motorcycle.
He also said that a migrant worker who transfers over USD 20,0000 will be allowed to import an electric car.
The Minister said that importing electric three-wheelers will not be permitted as the Government feels Sri Lanka has enough three-wheelers in the country.
Meanwhile, the garment industry has become one of the main sectors earning foreign exchange to Sri Lanka even during the Covid ? 19 pandemic.
However, due to the price hike of raw materials and the prevailing unfavourable economic environment experienced in the country, local garment manufacturers are compelled to deal with a number of challenges when importing appliances required for garment manufacturing that are not produced locally.
Accordingly, the Cabinet of Ministers granted approval to a proposal to grant duty concessions to appliances / items not manufactured locally and coming under 19 harmonized system (HS) codes, as a remedy to the prevailing situation. (Colombo Gazette)
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