Sri Lanka’s tea, spices and cashew grabs attention at World Food Istanbul Trade Fair
Daily FT: Pure Ceylon Tea, authentic Sri Lankan cashew and spices attracted a large number of visitors to the Sri Lanka stand at the World Food Istanbul Trade Fair which was held from 9 to 12 September in Istanbul.
The Embassy of Sri Lanka in Ankara organised B2B meetings through a virtual platform for the Sri Lankan companies which displayed their products at the Sri Lanka stand which was frequented by prominent Turkish and foreign companies.
The Embassy in collaboration with Sri Lanka Tea Board and the Sri Lanka Export Development Board organised Sri Lanka’s participation at this year’s fair. Three Sri Lankan companies; M/s Dtriangle Ltd., M/s Expo Lanka Ltd. and M/s Rancrisp Cashew participated at the fair under the umbrella of the Sri Lanka Export Development Board.
The Embassy also arranged a tea tasting event for the visitors throughout the fair and the Ambassador of Sri Lanka to Turkey M. Rizvi Hassen participated at the media briefing, organised by the Turkish business journalists’ association in Istanbul, at the Sri Lanka pavilion.
The World Food Istanbul Trade Fair is the largest food products and technologies fair in Eurasia, attended by manufacturers, buyers and suppliers from 40 countries. It was held with the support of the Turkish Ministry of Trade, KOSGEB, IHBIR, Turkish Cooks Association, Gastronomy Tourism Association and World Gourmet Society (WGS).
Sri Lankan commodity exports, especially tea, spices and cashew, have shown a growth during the past year, indicating steady growth despite challenges posed by the global Covid 19 pandemic. The government of Sri Lanka has introduced many incentives and packages to businesses/investors engaged in the exports sector, especially in commodity exports. The many trade agreements as well as concessions enjoyed by the country have also helped boost Sri Lanka’s exports sector. Given all these advantages, foreign businesses/investors could explore the growing business/investment opportunities in Sri Lanka’s commodity exports sector.
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