In  terms  of  an  industry  revival initiative proposed by the Ministry of Tourism,  a decision was taken at the Cabinet in March this year to postpone the  date  of  implementation of the US$ 10 visa fee imposed on all foreign passport  holders traveling to Sri Lanka till 01st July 2007. Considering a recommendation  made   by the Ministry of Tourism  appreciating the loss of business  the  industry   is currently  experiencing, the authorities of the Ministry  of  Finance   have  now  agreed  to  give further lead time (with sufficient advance notice) before the  implementation of this decision. The Ministry  of  Tourism  hopes that this will give more predictability to the industry   to   enter   into  new  business  contacts  with  their  foreign counterparts.