Sri Lanka’s government has not yet decided on a budget proposal to liberalise the shipping sector by removing foreign ownership limits on ship agency and freight forwarding businesses, Minister of Ports &Shipping Sagala Ratnayaka said.
“Liberalisation is good as it will improve competition but I have to be convinced it won’t harm local industry,” he told a news conference.
“I’m responsible to ensure the people of Sri Lanka get the best deal,” Ratnayaka said.
He said government decisions may change...
https://container-news.com/sri-lanka-wavers-between-liberalising-shipping-not/