Sri Lanka to set up joint trade commission with Russia

Saturday, 20 September 2014 00:07 -     - {{hitsCtrl.values.hits}}

Cabinet has given its approval to establish a joint commission with the Russian Federation to enhance bilateral trade ties. Meeting on Wednesday, the Cabinet approved a proposal made by the Ministry of Industry and Commerce Rishad Bathiudeen to enter into an agreement on establishment of the ‘Inter-governmental Commission on Trade, Economic, Scientific and Technical Cooperation’ with Russia to enhance cooperation between the two countries in those fields. According to the Government, the bilateral trade between Sri Lanka and Russia has been increasing over the years. Sri Lanka’s exports to Russia have increased from $ 11.6 million in 2001 to $ 279.91 million in 2013 while Sri Lanka’s imports from Russia have increased from $ 3.7 million to $ 145.85 million during the same period.

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.