Sri Lanka, Aug. 1 -- The Ceylon Chamber of Commerce commends the Government of Sri Lanka and the national negotiation team on the successful outcome of recent discussions with the United States, which led to a further reduction in the reciprocal tariff rate - from 30% to 20% - on Sri Lankan exports.
"While this is clear progress reflecting the value of sustained engagement and strategic diplomacy, it is now important to use this window of opportunity to work towards a long-term arrangement that ensures more stable and competitive market access for our exporters", stated Krishan Balendra, Chairperson of the Ceylon Chamber.
We appreciate the efforts of the officials involved for their proactive and strategic efforts, particularly in engagin...