Gazette issued relaxing import restrictions on several vehicle types

By Chaturanga Pradeep Samarawickrama   

A Gazette notification was issued relaxing restrictions on importing certain vehicles utilized for public transportation, such as buses, lorries, tankers, bowsers, and trucks.   

The Gazette notification was issued by President Ranil Wickremesinghe, in his capacity as Minister of Finance, Economic Stabilization, and National Policies.

Accordingly, vehicles for the transport of ten or more persons, including the driver; vehicles for the transport of goods, special purpose vehicles; and other vehicles other than those principally designed for the transport of persons or goods have been listed under this selected vehicle category.   

While commenting on the easing of import restrictions on certain vehicles, Finance State Minister Ranjith Siyambalapitiya said the imports of other vehicles would be further delayed.   
The State Minister of Finance said that financial analysts say the imports of other vehicles will be further delayed, considering the current foreign exchange reserves.