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Sri Lanka , Thursday 16 April 2026

Sri Lanka plans gold refinery as high import taxes disrupt formal trade

Published on: Tuesday 20 January 2026

Sri Lanka plans gold refinery as high import taxes disrupt formal trade National Gem and Jewellery Authority (NGJA) Chairman and Chief Executive Officer Dr. S.P. Chaminda announced that Sri Lanka is exploring the establishment of a domestic gold refinery to produce fine gold locally, as steep import taxes and restrictions continue to disrupt formal gold flows and push the trade underground. Addressing the media on Monday he said the proposed refinery would allow Sri ..



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