About past, present and future of Ukraine

Main Business — Sri Lanka wants to increase the supply of food and industrial products from Ukraine

Business

Sri Lanka wants to increase the supply of food and industrial products from Ukraine

15 Sep, 2021
157
Sri Lanka wants to increase the supply of food and industrial products from Ukraine

Share this article


Sri Lanka is interested in increasing the supply of food and industrial products to the Ukrainian market, the Ministry of Economy said following a meeting between Deputy Minister, Trade Representative of Ukraine Taras Kachka and State Minister of Regional Cooperation of Sri Lanka Tharaka Balasuriya.


The participants expressed interest in increasing the supply of food [tea, coffee, fruit] and industrial [textiles, clothing] products to the Ukrainian market.

Website of Ministry of Economy of Ukraine

In addition, the parties noted the prospects for cooperation in aircraft and shipbuilding, supplies of Ukrainian metallurgy products, energy and transport engineering, chemical industry and agriculture, recreational cooperation and tourism.

The basis of our exports to Sri Lanka is traditionally agricultural products – vegetables, grains, oilseeds. Obviously, the trade potential between our countries has not yet been revealed. We, in turn, are open to cooperation in the trade and economic sphere and the implementation of joint business projects.

Taras Kachka, Trade Representative of Ukraine

The parties confirmed their readiness to create a joint intergovernmental commission as a platform for the development of trade and economic cooperation, the ministry said.

According to the State Statistics Service, the negative balance of trade with Sri Lanka in the first half of 2021 amounted to $10.154 million with an increase in Ukrainian exports to this country by 12.8% – to $9.22 million and an increase in imports from Sri Lanka to Ukraine by 18.1% – to $19.37 million over the specified period.


The Odessa Journal

The Odessa Journal

more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...