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Sri+Lanka+calls+for+investments+in+import+substitution
Monday, 04 June 2012 - 17:36
Sri Lanka calls for investments in import substitution
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Finance ministry has called businesses to invest more in import substitution businesses, saying hundreds of millions of dollars are being spent to bring such goods from foreign countries.

The finance ministry in its annual report said there was a "continued reliance" on importing food, pharmaceuticals, dairy products, textile, sugar and a range of construction material such as cement, steel, furniture and machinery.

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