President suspends import of palm oil

President suspends import of palm oil

(FASTNEWS | COLOMBO) – President Gotabaya Rajapaksa has instructed to completely ban the importation of palm oil with immediate effect.

The Controller General of Department of Imports and Exports Control has been advised to issue the relevant Gazette order to give effect to this instruction, by the Secretary to the President P. B. Jayasundera today (05) itself.

Additionally, the Director-General of Customs has been informed of this decision and advised to refrain from clearing palm oil cargos at the Department of Customs. At the same time the cultivation of oil palm (Katupol) will be completely banned.

Meanwhile, orders have been issued under the relevant laws enforcing the advice given by the President to ban the cultivation of oil palm completely. About 6-months ago, the President had instructed to gradually ban the cultivation of oil palm in the country.

Furthermore, those companies and entities which have done such cultivations shall be required to remove them on a phased out manner with 10 per cent uprooting at a time and replacing it with the cultivation of rubber or environmental friendly crops each year to free Sri Lanka from oil palm plantation and palm oil consumption.

When this is fully operational, the Government intends to stop the cultivation of oil palm and the consumption of palm oil completely.