The government will announce its stance on relaxing the import of vehicles by August, Finance State Minister Shehan Semasinghe has said.
Addressing the media, he said the relaxed policies on vehicle imports will be made in four stages.
“Regarding the easing of restrictions on vehicle imports, the government will inform its position by August and how the restrictions will be removed,” he said.
The state minister further said that permission will be given for the import of vehicles required for business and transportation at the initial stage.
“A government cannot lead the country back to the point of imposing import restrictions by asking for this election. At that time, all other restrictions were eased except for vehicles. Regarding the easing of vehicle restrictions, the government’s position as of August is how the import restrictions on vehicles will be removed in stages. We hope to give permission to those vehicles required for business activities and transportation in the first round. But we expect to import vehicles for private consumption in the first quarter of 2025,” he added.
