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Sri Lanka looks to relax food import controls, after Cyclone disaster: Prime Minister

ECONOMYNEXT – Sri Lanka is looking to relax food import controls Prime Minister Harini Amarasuriya said, after widespread flooding of key farming areas by Cyclone Ditwah which has swept away crops. There is also transport disruption blocking food transport. “This is a time when the cost of food increases,” Prime Minister Amarasuriya told an economic forum organized by Sri Lanka’s Ceylon Chamber of Commerce. “We are looking at relaxing certain import regulations to enable the food supply to continue uninterrupted and for us to be able to manage the prices as well.” Sri Lanka has draconian import controls and sky-high…

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