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Sri Lanka-Turkey bilateral trade reaches $300m

Sri Lanka-Turkey bilateral trade reaches $300m

ANKARA: The bilateral trade between Sri Lanka and Turkey has crossed the US$ 300 million barrier for the first time, Minister of Industry and Commerce Rishad Bathiudeen said.

Addressing the inaugural event of Turkey Ceylon Business Council in Colombo on 23 September, the Minister said Sri Lanka’s trade with Turkey has been increasing over the last few years and in 2014, total bilateral trade stood at US$ 311 million.

“The launch of Turkey Ceylon Business Chamber takes place along such positive developments and we have no doubts that the outcomes too would be encouraging,” Minister Bathiudeen said at the event.