Sri Lanka Set to Create AEO Program for Low-Risk Importers
Sri Lanka looks set to create an authorized economic operator (AEO) program to provide expedited customs clearance for low-risk importers. The country’s 2019 budget proposal, presented in the Sri Lankan parliament March 5, includes provisions on the new AEO program,…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
as well as on changes to Sri Lanka’s “port and airport development levy,” KPMG said in a client alert. Among those changes are new exemptions from the levy for alfalfa meal and pellets for the livestock industry and goods imported for construction of large projects, as well as a reduction in the levy for certain high-tech plant, machinery and equipment, the firm said.