It is reported that a discussion was held today (31) between the Local Tire Manufacturers Association and Wasantha Samarasinghe at the Ministry of Trade.
At the meeting, attention was focused on the issues of uplifting the local tire manufacturer and providing local tires of the prescribed standard to the consumers at a concessional price.
The tire manufacturers have pointed out that the country’s dollar reserves have been affected to some extent by importing tires at a cost of millions of dollars while locally manufactured tires are available in the country.
They have also requested the Minister to impose some restrictions on imported tires in the future.