Sri Lanka began purchasing feed corn from Pakistan

Published Nov 21, 2023

Tridge summary

The import duty on corn in Sri Lanka was reduced from US$0.22/kg to US$0.07/kg due to pressure from poultry producers. As a result, the government issued import licenses in August, allowing the country to import feed maize from Pakistan. However, some traders have claimed that the government has issued import permits to certain importers who are selling maize to the Food Promotion Bureau at a higher price than the market rate.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The import duty on corn was reduced from US$0.22/kg to US$0.07/kg under pressure from poultry producers. Sri Lanka began importing feed maize from Pakistan after the government issued import licenses in August. At the same time, it reduced the import duty from US$0.22/kg to US$0.07/kg under pressure from poultry producers. However, traders said the government has issued import permits to some importers to supply maize to the Food Promotion Bureau. “We ...
Source: Zol

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