Sri Lanka’s Agriculture Ministry to enter into an agreement on agricultural cooperation with Turkey
The government of Sri Lanka is to enter into an agreement on agricultural cooperation with Turkey in line with a proposal put forward by Agriculture Minister Duminda Dissanayake.
Turkey is one of the main markets for Sri Lanka’s tea exports and the Sri Lanka Tea Board is reportedly seeking a deal to increase shipments.
The Cabinet of Ministers has this week approved the proposal by Agriculture Minister Dissanayake to sign a memorandum of understanding on agricultural cooperation between Sri Lanka and Turkey.
The Cabinet of Ministers according to the Government Information Department has taken into consideration plans by the Sri Lanka Tea Board for a special agreement to increase tea exports to Turkey.
OSL take:
The agreement between Sri Lanka’s Agriculture Ministry and the Turkish government once signed would result in greater cooperation between the two nations in relation to the agriculture sector. Investors looking at opportunities in Sri Lanka’s agriculture sector could make use of this opportunity. Also, local businesses could look at using the agreement to look for partnerships with Turkish counterparts to develop agriculture in Sri Lanka.
| Article Code : | VBS/AT/20180118/Z_3 |