A high-level Sri Lankan delegation is preparing to depart for the United States ahead of August 1 to engage in crucial discussions aimed at securing a reduction in the 30% tariff currently imposed on Sri Lankan exports. The visit follows recent U.S. policy shifts that could significantly reshape the trajectory of bilateral trade relations.
The delegation comprises senior government officials, economic experts, and trade negotiators, and forms part of a broader diplomatic initiative to enhance market access for Sri Lankan goods and negotiate more favorable trade terms.
Key members of the delegation include:
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Dr. Nandalal Weerasinghe – Governor, Central Bank of Sri Lanka
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Vimalendra Raja – Secretary, Ministry of Trade, Commerce, Food Security and Cooperative Development
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Duminda Hulangamuwa – Senior Presidential Advisor
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Mahinda Samarasinghe – Sri Lanka’s Ambassador to the United States
The team is also supported by members of a special expert committee tasked with evaluating the feasibility of securing U.S. tariff relief and proposing strategic policy measures.
The upcoming discussions follow a recent letter from U.S. President Donald Trump to Sri Lankan President Anura Kumara Dissanayake, confirming a reduction in the reciprocal tariff rate from 44% to 30% on selected Sri Lankan exports—a move widely welcomed as a positive development in strengthening trade ties.
Deputy Finance Minister Dr. Anil Jayantha noted that Sri Lanka is actively pursuing a comprehensive trade agreement with the United States. The delegation’s visit will continue ongoing negotiations and policy dialogue in this regard.
The revised tariff policy is expected to come into effect on August 1, marking a potentially significant turning point for Sri Lanka-U.S. trade relations.