German companies operating in Sri Lanka have raised the red flag with some warning that they will be compelled to withdraw from the country if the import ban continues, Daily Mirror has reported.

The report further states:

Sri Lanka has slapped an import ban on several items owing to the shortage of US dollars, but Germany has urged the Government to relax the ban.

The German Ambassador to Sri Lanka Holger Seubert told a group of journalists in Colombo today that some German companies have raised concerns over the import ban.