Sri Lanka, Feb. 17 -- President Anura Kumara Dissanayake says that a National Tariff Policy and a new Customs Act will be introduced aimed at the development of Sri Lanka's Export Industry.

Delivering the Budget Speech 2025 in Parliament, President Dissanayake said that the government will formulate a national export development plan for the period 2025 - 2029 in order to improve Sri Lanka's goods and services exports capacity in a large-scale.

Further, he added that a simple, transparent and a predictable tariff framework will be formed based on a National Tariff Policy in order to remove the limitations for the exporters to reach the required high-quality raw materials at bearable cost.

The Head of the State also emphasized that Sri ...