Sri Lanka, Aug. 1 -- SJB Member of Parliament Dr. Harsha de Silva has welcomed the decision by the United States to reduce the tariff rate on Sri Lankan goods to 20%, describing it as a significant victory for the country's export sector.

Expressing his satisfaction, Dr. de Silva stated he is "heartily pleased" with the development.

In a statement, Dr. de Silva expressed his appreciation for the efforts made both publicly and behind the scenes to secure this concession, which he believes will help Sri Lanka maintain its regional competitiveness in global markets.

"The reduction of the tariff rate imposed by the United States on Sri Lankan goods to 20% is a victory and will enable us to further maintain the regional competitiveness of o...