Trade between Oman and Sri Lanka could increase to US$250m (OMR96.2m) by 2015, according to Sri Lanka’s ambassador to the Sultanate, HE Asoka Girihagama.
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Speaking ahead of the first Sri Lankan Trade Exhibition and Food Festival, to be held from 12-14 February in Muscat’s Al Falaj Hotel, the ambassador explained there is potential to boost trade between the two countries.
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He said: “In 2011 Oman-Sri Lanka trade stood at US$232m. We are keen to enhance our bilateral trade with Oman. Currently the trade balance is largely in favour of Oman, but we intend to reduce the deficit in the near future.
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Read more: http://www.arabianbusiness.com/oman-s-sri-lanka-trade-reach-250m-by-2015-488248.html
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