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Will reduce potato prices if import duty slashed: EFCITA

24 December 2019 07:17 am - 1     - {{hitsCtrl.values.hits}}

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The Essential Food Commodities Importers and Traders Association (EFCITA) said the market prices of potatoes as the main consumer item could be reduced if the government slashed import duty.

A spokesman of the association said the government imposed Rs.50 as import duty on a kilo of potatoes thereby resulting in increased wholesale and retail prices.

“Today, vegetable prices are very high due to shortfall in supply. As a remedy for consumers, we can lower potato prices if the government reduces tax. Potatoes are mainly imported from Pakistan these days. Sri Lanka imports 15,000-20,000 tonnes of potatoes per month,” he said.

When asked about onion prices, he said prices were high in the world market and therefore there was no immediate solution.

“As a leading onion producer, India has stopped exports these days leading to a spike in the world market. As a result, Sri Lanka mostly imports from the Netherlands. Besides, red onion is imported from Thailand,” he said. (Kelum Bandara)


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Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka
  • B Tuesday, 24 December 2019 07:40 AM

    Cannot we grow both here on long term and save money ....


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