SL pepper exports to India in jeopardy over new barriers

Business

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 -

Comments

Still No Comments Posted.

Leave Comments

Most Reviews

May 31, 2025

- 494 - 0

Flt Lt Kasun Cumaratunga , more than a pilot, a guardian remembered on his 37th death anniversary

Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred

June 2, 2025

- 461 - 0

National Tax week launched

The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.

June 2, 2025

- 370 - 0

SriLankan Airlines’ new A330 Fleet to perform low fly past over Colombo on Wed.

May 30, 2025

- 269 - 0

In Pix: Weather situation in Colombo

June 3, 2025

- 208 - 0

Krishanthi Kumaraswami convicts FR dismissed by SC

The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.

June 6, 2025

- 204 - 0

SriLankan flight grounded in Indonesia

A SriLankan airlines flight has been grounded in an airport in Indonesia due to a technical defect leaving 93 passengers stranded, an official said.