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South Africa will consider positively, a request to relax tea taris to render relief to Sri Lanka in the spirit of supporting developing countries to become sustainable as they can be, the outgoing South African High Commissioner in Colombo, Robina P. Marks said.
The lowering of taris for the export of‘ ceylon Tea’ to South Africa could be extended for three years, she added
Addressing a seminar titled
‘Sri Lanka –South Africa Business Promotion Meeting’ at the Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI), Mrs. marks said South Africa had been able to expand its trade footprint in Sri Lanka and that overall trade was in favour of her country.
“South Africa is Sri Lanka’s largest source of imports and the second largest export destination in the African region. imports from South Africa largely consist of coal and Sri Lankan exports comprise of bulk tea, apparel, and rubber products, ”mrs. Marks stressed
Commenting further on bilateral trade ties in the COVID-19 era, the High Commissioner underscored the need to recalibrate its trade strategy in Sri Lanka and the desire for a more balanced trade relationship between the two countries
“Even though national interest is important to all countries, we do want a more balanced trade between Sri Lanka and South Africa.we think that its important because we both need to work on the basis that each have something to oer in this bilateral relationship,” she added. Addressing concerns over market access for Sri Lankan tea, the High Commissioner said “We would consider, a request to lower the tari for a period of time not exceeding three years, to grant some relief to Sri Lanka in the spirit of supporting developing countries, become sustainable as they can be.”
“Even though national interest is important to all countries, we do want a more balanced trade between Sri Lanka and South Africa.we think that its important because we both need to work on the basis that each have something to oer in this bilateral relationship,” she added. Addressing concerns over market access for Sri Lankan tea, the High Commissioner said “We would consider, a request to lower the tari for a period of time not exceeding three years, to grant some relief to Sri Lanka in the spirit of supporting developing countries, become sustainable as they can be.”
During the meeting,
High Commissioner Marks also exchanged views with representatives of the Sri Lankan businesses community on the possibility of boosting sh exports to South Africa, value addition and knowledge sharing in the gem and jewelry industry, opportunities in the renewable energy sector and sharing expertise in food preservation in the canning industry.
Source: https://www.pressreader.com/sri-lanka/daily-mirror-sri-lanka/20201230/281513638769563
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