Sri Lanka and Cuba discuss boosting tea exports to Cuba - Opportunity Sri Lanka
Sri Lanka and Cuba discuss boosting tea exports to Cuba

Sri Lanka and Cuba discuss boosting tea exports to Cuba

Sri Lanka’s Plantation Industries Minister Dr. Ramesh Pathirana and Cuban Ambassador to Sri Lanka Andre Marcelo Gonzalis Garrido have recently discussed the further strengthening of bilateral and trade ties between the two countries.
The discussion had focused on strengthening the economy, which has been faced with challenges posed by the Covid 19 pandemic, and boosting Sri Lanka’s exports.
The Ambassador had described ‘Ceylon Tea’ as a major global brand which has great potential to enhance its export market.
The envoy had noted that over five million tourists visit Cuba annually and that the people have great acceptance for Ceylon Tea and that it has much potential to be promoted in Cuba.
Ambassador Garrido had further admired the coconut cultivation industry in Sri Lanka and had suggested a knowledge exchange with Cuba’s cocoa and coffee cultivation industry. He also focused on bilateral relations and the possibility of furthering them at length.

OSL take:

Sri Lanka’s tea exports are on an upward trajectory amidst pandemic challenges. The government of Sri Lanka has taken many steps to uplift and develop the country’s tea industry. Estate owners have been provided with incentives to further develop the tea industry. The many trade agreements as well as concessions enjoyed by the country have also helped boost Sri Lanka’s tea industry. Sri Lankan authorities are focused on overseas promotional campaigns to boost the tea industry as well as include tea exports in the country’s discussions on boosting Sri Lanka’s tea exports to foreign countries. Given the growth momentum shown by Sri Lanka’s tea industry, foreign businesses/investors could explore the growing business/investment opportunities in Sri Lanka’s tea sector.

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Article Code : VBS/AT/13102021/Z_3

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