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President Appoints Committee to Assess Impact of US Reciprocal Tariff System

President Anura Kumara Dissanayake has appointed a high-level committee to conduct an in-depth study on potential challenges arising from the new reciprocal tariff system introduced by US President Donald Trump and to submit recommendations to the government.

The committee comprises key officials, including:

  • Secretary to the Ministry of Finance

  • Governor of the Central Bank

  • Chairman of the Board of Investment of Sri Lanka

  • Chairman of the Sri Lanka Export Development Board

  • Director General of Economic Affairs at the Ministry of Foreign Affairs

Additionally, the committee includes Senior Economic Advisor to the President Duminda Hulugamuwa, Chief Economic Policy Advisor to the Ceylon Chamber of Commerce Shiran Fernando, and industry leaders Ashroff Omar, Sherad Amalean, and Saif Jafferjee.

The committee’s findings will help shape Sri Lanka’s response to potential economic disruptions caused by the new US tariff policy. (Source: PMD)

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