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Duty cut on palm oil hits vanaspati units in Lanka

Monday, December 10, 2007

The reduction in customs duty of crude palm oil (CPO) by India has severely hit the 12 vanaspati units set up by Indian companies in Sri Lanka to take advantage of the low duty on CPO there and export duty-free to India under the free trade agreement (FTA) quota.
From: www.business-standard.com

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