Last Updated: Saturday 04 July 2015

Budget cuts on paper imports from 35 to 10 per cent would put the brakes on the local paper recycling industry in Sri Lanka. While the tax cuts could prove to be a bonanza to solid waste exporters, who export the waste to India for procuring recycled raw material from there to manufacture paper products in Sri Lanka, the fledgling recycling industry will be hit hard. Efforts are now on to publicise the adverse effects of the duty reduction on the national recycling industry.

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