Sri Lanka import ban takes the spice out of life

Published 2021년 2월 14일

Tridge summary

Sri Lanka's government has imposed a ban on many imports, including turmeric, in an effort to retain foreign currency and pay international debt amidst the COVID-19-induced tourism crisis. This has led to a shortage of the essential spice, which is crucial for local cuisine and health supplements, causing a significant price hike and sparking smuggling activities. The ban, extending into 2021, has affected curry lovers and workers, with the economy experiencing its worst contraction last year and facing potential trade retaliation. The article also highlights the impact of the ban on other imported goods, such as cars and building materials, and discusses the government's efforts to foster local production and secure funds for debt repayments, despite concerns about economic growth and corruption.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

COLOMBO: An import ban in cash-strapped Sri Lanka is leaving a bad taste in the mouths of its curry lovers, depriving them of vital turmeric supplies and encouraging budding smugglers to take their chances with the spice. With no foreign cash coming in as Covid-19 cripples the tourism industry, the government in March imposed a ban on many imports to stop money leaving the country, so that it can pay US$4.5 billion this year to service its international debt. Cars, floor tiles and machinery parts are among the items prohibited but it is a ban on turmeric that has the Indian Ocean island simmering with anger. The aromatic root is a vital ingredient in curries and other local cuisine and also increasingly sought after as a health supplement. But only a fifth of the 7,500 tonnes Sri Lanka consumes every year is produced locally. Since the pandemic, demand has increased so much that prices have shot up 20-fold to an eye-watering 9,000 rupees a kilogramme – a week’s wages for many Sri ...

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