(UTV | India ) -A significant increase has been observed in the smuggling of gold to Sri Lanka, especially from India, the Sri Lanka Customs revealed.
Customs Spokesman Sudattha Silva told The Morning, that both Indians and Sri Lankans have been found to be involved in smuggling activities.
Sudattha Silva said 08 incidents relating to gold smuggling have been reported within the course of a month, in which both Sri Lankans and Indians had been involved.
Stating that some Indian gold smugglers use Sri Lanka for transit purposes, he said this is due to the demand for gold and its price increase.
Sri Lanka Customs is in the process of strengthening regulations related to gold smuggling since there is an increase in such incidents recently, Sudattha Silva added.