Sri Lanka, Feb. 26 -- The first batch of vehicles imported for private use arrived at the Colombo Port on Tuesday (25), following the Sri Lankan government's decision to ease import restrictions after a five-year hiatus.

The move marks a significant milestone in the country's automotive industry, which had been severely impacted by the prolonged import ban imposed in 2020 due to economic constraints.

According to the Vehicle Importers' Association, an SUV imported under the new regulations is expected to be priced between Rs. 24.5 million and Rs. 26 million in the local market.

The Sri Lankan government officially lifted the temporary suspension on vehicle imports, which had been in effect since early 2020, through Gazette Extraordinar...