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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)

  Comments - 1

  • B Tuesday, 24 December 2019 07:40 AM

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


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