AreaSri Lanka

Commodity GroupOilseeds, oils and meals

CommodityOil-palm, palm oil

Date01/05/2021

Policy CategoryProduction

Policy InstrumentAgricultural policy, import policy

DescriptionWhile maintaining its ban on the establishment of new oil-palm plantations and promoting the gradual replacement of existing plantations with alternative crops, the Government eased its import restrictions on palm oil by allowing the issuance of special import licences for palm olein.

NotesSRI LANKA – agricultural policies – oil palm cultivation: While maintaining its ban on the establishment of new oil palm plantations and promoting the gradual replacement of existing plantations with alternative crops, the Government eased its recently introduced import restrictions for palm oil, providing local industries with special import licenses for refined, bleached and deodorized (RBD) palm olein (see also MPPU Apr.’21).