BusinessRecognising New Zealand’s importance as a friendly nation that Sri Lanka supported at the Security Council, Tourism Minister John Amaratunga on Monday highlighted the need to bridge the trade gap between the two nations. New Zealand’s exports to Sri Lanka was US$254 million in 2016 compared with US$55 million in exports from Sri Lanka, the minister explained and pointed out that this trade gap needs to be bridged. Sri Lanka attempts to expand its export market is clearly supported by the visit of trade missions of this nature, the minister said. Sri Lanka had seen 10,332 arrivals from New Zealand in 2017, a growth of 14.2 per cent from 2o16. This is the fourth visit of a New Zealand trade delegation to Sri Lanka.

Source: Sunday Times April 02, 2018 13:30 UTC