President decides to ban import of palm oil with immediate effect

President Gotabaya Rajapaksa decided to ban the importation of palm oil with immediate effect, President's Media Division (PMD) said in a statement.

Secretary to the President Dr. P. B. Jayasundara informed the Department of Imports and Exports Control to issue the respective gazette. Also, the stock of already imported palm oil will not be released to the market.

The President has also banned palm cultivation in Sri Lanka. A statement from the PMD said the government is planning for the total eradication of palm oil consumption in Sri Lanka.

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