Sri Lanka: Restricting Import of Fertilizers and Agrochemicals

On May 6, 2021, Sri Lanka’s Minister of Finance Mahinda Rajapaksa, in accordance with Section 20 read together with Sub-Section 4(1) and Section 14 of the Imports and Exports (Control) Act, No. 1 of 1969 as amended by Act No. 48 of 1985 and Act No. 28 of 1987, promulgated the “Imports and Exports (Control) Regulations No. 07 of 2021 (regulation), effective its publication in the Sri Lanka Gazette (No. 2226/48 of May 6, 2021). The Sri Lankan government is restricting and banning the import of fertilizers and agrochemicals (including insecticides and herbicides). The regulation is applicable to the import of goods with bills of lading/air waybills issued on or after May 6, 2021.