AreaSri Lanka

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date01/12/2017

Policy CategoryTrade

Policy InstrumentTrade agreements & bilateral cooperation

DescriptionExplored the possibility of entering into a free trade agreement, which would particularly imply better access of Malaysian palm oil to the Sri Lankan market.

Notesrently charges a special levy of LKR 110–130 per kg (USD 715–844 per tonne).