Sri Lanka plans gold refinery as high import taxes disrupt formal trade
Published on: Tuesday 20 January 2026
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 ..
News source: https://www.ft.lk/front-page/Sri-Lanka-plans-gold-refinery-as-high-import-taxes-disrupt-formal-trade/44-787191