Sri Lanka Association of Manufacturers and Exporters of Rubber products (SLAMERP) hailed the win over the first ever revocation of countervailing duty imposed in The United States (US) for a Lankan export; under a case filed by the Department of Commerce with the intent to facilitate the exportation of local value-added rubber exports, namely Off-the-Road (OTR) tires. The 11th July 2018, marked the ruling by the US Court of International Trade, subjecting that the 0.95% countervailing duty attributed to the guaranteed price scheme on the import of OTR tires from Sri Lanka, was to be eradicated.
GRI donated 10 complete computer units with power backups, on the 20th July and spearheaded the refurbishment of the school’s computer laboratory. The Chief Guest of this special event was Mr. Kavinda Subasinghe. GRI, being an innovative specialty tire producer, took on the challenge and aided in addressing this learning gap by launching initiatives to support its advocacy by providing access to quality computer education, to the children of Nalawalana Primary School.
Mr. Harris Premaratne was appointed as GRI’s Chairman with effect from the 29th March 2018. A veteran banker and architect of innovative banking, Mr. Premaratne’s immense vigor and business acumen will prove to support GRI in achieving a leading position amongst global specialty tire manufactures.