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    Tag:tariffs

    Finance and Economy

    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.
    OWSA Contributor -
    Corruption

    Sri Lanka Urged to Reform Tariffs, Expand Trade Links with India Amid US Tariff Shock

    According to the US Trade Representative’s findings, Sri Lanka’s high tariff rates – among the world’s highest by certain metrics – along with unpredictable customs procedures and non-transparent policy shifts, have contributed to strained trade relations.
    OWSA Contributor -
    Agri-business

    UNCTAD: The Poor, Vulnerable Risk Being Overlooked in Escalating Trade Tensions

    For businesses and policymakers alike, unpredictability and uncertainty in trade and investment is becoming a serious obstacle to growth and planning.
    OWSA Contributor -
    Finance and Economy

    Sri Lanka Must Act Soon to Address Potential Impacts of a Trump Presidency on its Exports

    Donald Trump’s proposed tariff hikes have sparked concerns among Sri Lanka's exporters. This report from Sri Lanka’s Institute of Policy Studies says that the...
    OWSA Contributor -
    Corruption

    Sri Lanka Customs Delays Harming Competitiveness, Fuelling Corruption, Research Finds

    While large corporations may have the ability to weather such inefficiencies, small and medium-sized enterprises, in particular, are vulnerable to these delays, as they...
    OWSA Contributor -

    Latest news

    Disaster Management

    War, huh, Yeah, What is it Good For?

    One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
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    Agri-business

    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.
    India

    UN Secretary-General Urges Military restraint from India, Pakistan

    He offered his good offices to both governments to help defuse tensions and promote diplomacy, stressing that “a military solution is no solution.”

    Must read

    Disaster Management

    War, huh, Yeah, What is it Good For?

    One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
    Agri-business

    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.
    COVID-19

    Health Inequities are Shortening Lives by Decades

    The report says that the COVID-19 pandemic is a profound global example of the inequitable health outcomes driven by upstream social determinants. From its outset, socio-economic inequality was a predictor of higher mortality.
    Disaster Management

    War, huh, Yeah, What is it Good For?

    One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
    Accountability

    Bangladesh’s Economy Shows Flickers of Recovery amid Dour IMF-ADB Forecasts

    This slump is largely attributed to domestic unrest, contractionary monetary and fiscal policies, and a broader climate of uncertainty that has discouraged both foreign and domestic investment.

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    Climate Change

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