India has introduced a Minimum Import Price (MIP) of Indian Rupees 500 per kg for pepper which works out to US$7,700 per mt effective from December 6, 2017, creating a barrier for Sri Lankan pepper exports.
“As the Sri Lankan pepper market is around $4,600 it is not feasible for importers in India to import pepper because of this MIP," the local Spices & Allied Products Producers’ & Traders’ Association said on Monday.
“This is another measure introduced by India to prevent imports of pepper which is allowed under the Free Trade Agreement. Besides, shipments that have been made earlier are also being subjected to considerable delay, in their clearance,” it said in a statement. – Ends -
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A Sri Lanka Air Force Bell 212 helicopter belonging to the No. 72 squadron has crashed into the Madhuru Oya reservoir this morning, Air FOrce Media Spokesman Eranda Geeganage said.
Update: Five of the twelve passengers on board the bell 212 aircraft that crashed into the Maduru Oya today, have succumbed to their injuries, the SLAF said.
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