Sri Lanka pays attention to protests, lifts import ban on agrochemical products

The Sri Lankan government lifted the ban on the import of agrochemical products, saying that the ban aims to encourage organic cultivation

Colombo, Sri Lanka-The Sri Lankan government has lifted a pesticide import ban aimed at encouraging organic cultivation.

The Minister of Agriculture Mahindananda Aluthgamage announced the revocation of the ban on Wednesday, which took effect in April. But he said that government subsidies, agricultural product price guarantees and technical support will only be provided to people who use organic fertilizers.

Many analysts said that the ban was more to protect Sri Lanka’s scarce foreign exchange reserves and triggered months of protests. Farmers said they were facing the danger of crop failure and poverty.

Tea farmers complained that if the output drops, the famous Ceylon tea brand will face risks and create more opportunities for competitors.

According to data from the World Bank, Sri Lanka’s foreign exchange reserves were reduced to only two months’ worth of imports in August, and the exchange rate of the rupee against the US dollar depreciated by 7.4% in the first eight months of this year.

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