financetom
Business
financetom
/
Business
/
Sri Lanka bans imports of plastic products; move to hit Indian exports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sri Lanka bans imports of plastic products; move to hit Indian exports
Aug 28, 2020 9:22 AM

Sri Lanka on Friday decided to ban the import of plastic products in a bid to protect the environment and wildlife, a move likely to hit Indian plastic exports to the country. Environment minister Mahinda Amaraweera told Parliament that the proposed plastic product import ban – mainly on toys and household utensils – could also be extended to local manufacturing as well. The government's decision will have an impact on Indian plastic exports as Sri Lanka's main import sources of plastics are India, China and Thailand.

Share Market Live

NSE

He said plastic waste has a damaging effect on the island's wildlife. "Plastics are doing untold damage to our wildlife — elephants, deer and other animals, We need to take immediate action to arrest this situation," Amaraweera said.

Plastic waste had killed elephants and the deer in large numbers. Autopsies have shown plastics deposited in their stomachs. Sri Lanka in 2017 banned the manufacture or import of non-biodegradable plastic used for wrapping food and shopping bags.

Sri Lanka has already placed import restrictions on non essential goods — a move resulting from the COVID-19 pandemic's adverse economic effects

First Published:Aug 28, 2020 6:22 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved