Srilanka, Oct. 20 -- Under the banner of ensuring a fair playing field for domestic industries, the government has moved to enforce strict quality compliance on imported motor vehicle tires. Acting on recommendations from the Ministry of Industry and Entrepreneurship Development, the Cabinet of Ministers has approved a proposal submitted by the President-in his capacity as the Minister of Finance, Planning, and Economic Development-to present the Import and Export (Control) Regulations No. 08 of 2026 to Parliament for official approval. The decision was announced in the Cabinet media statement issued on October 19, 2026, subject to confirmation at the next meeting.
While framed primarily around consumer safety and product standards, these ...