試す 金 - 無料
Local coconut industry warns of major setback as US slaps 30% tariff
The Island
|July 23, 2025
The Ceylon Chamber of Coconut Industry (CCCI) has issued an urgent appeal to the government of Sri Lanka in response to the United States' decision to impose a 30% import tariff on coconut-based products from Sri Lanka, effective August 1, 2025.
-
The move threatens to upend one of the country's most valuable export sectors, which currently generates over USD 857 million in annual revenue, and risks pushing thousands of rural livelihoods into uncertainty, the industry said in a press release.
The release adds: 'The United States is Sri Lanka's single largest buyer of coconut-based products, accounting for more than 20% of the sector's exports, valued at roughly USD 160 million each year. According to the CCCI, the new tariff all but destroys Sri Lanka's price competitiveness in the US market.
Competing suppliers such as the Philippines, Vietnam and India enjoy preferential trade access, meaning Sri Lankan products, despite their globally renowned quality, will be sidelined on cost alone.
このストーリーは、The Island の July 23, 2025 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
The Island からのその他のストーリー
The Island
Browns’ General Trading honours outstanding dealer excellence
Browns General Trading recently recognized the exceptional efforts of its valued dealer network in the Colombo region in promoting its portfolio of leading global brands; Makita, Eclipse, Tailin, JK, Firman, Juba and Lion.
1 mins
December 13, 2025
The Island
Duffy five-for triggers West Indies slide to give New Zealand first win of WTC cycle
Jacob Duffy, who had to wait until his 31st birthday for a Test debut earlier this year, claimed his second five-wicket haul of the series as West Indies folded tamely on the third day in Wellington.
3 mins
December 13, 2025
The Island
India unveils future of South Asia’s construction industry
South Asia’s largest construction equipment exhibition began December 9 in Bangalore, India showcasing a broad range of nextgeneration machinery and technologies.
2 mins
December 13, 2025
The Island
Vaibhav Suryavanshi slams 95-ball 171 in Under-19 Asia Cup opener
Vaibhav Suryavanshi slammed a blistering 95 ball 171 in the Under 19 Asia Cup opener against UAE on Friday.
1 mins
December 13, 2025
The Island
DFCC Credit & Debit Cards introduce practical savings and flexible support for year-end spending
DFCC
1 min
December 13, 2025
The Island
One country, many divisions
Ahead of the visit of the President, and all European Union Commissioners, to India, in February 2025, the Economist ran a leader “How India became an unexpected role model for Europe,” that compared India favourably with the European Union (EU), which, according to the Economistħad a 'sclerotic economy' and 'gridlocked politics.'
5 mins
December 13, 2025
The Island
Pakistani relief ship with 200 tons of supplies expected today
Pakistan will dispatch an additional 200 tons of humanitarian relief supplies to Sri Lanka to support communities affected by the recent cyclonic storm, Pakistan's Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry said on Thursday.
1 min
December 13, 2025
The Island
Understanding emotional aftermath
Experiencing a disaster can shake anyone to the core.
6 mins
December 13, 2025
The Island
AG throws doors wide open to recruitment of women to all positions in SLR
The Attorney General informed the Supreme Court yesterday (12) that the Cabinet of Ministers had approved the recruitment of women for all positions, within the Sri Lanka Railways (SLR).
1 min
December 13, 2025
The Island
Nepal government inks pact with Gen Z, promises reforms
Nepal’s government and Gen Z leaders have struck a deal, marking a significant step towards implementing constitutional, electoral, and political reforms raised during the September uprising.
2 mins
December 13, 2025
Listen
Translate
Change font size