Sri Lanka to recommence petroleum imports from Iran


The Sri Lankan government said yesterday, that it will begin discussions on trade and petroleum sales with Iran next month after economic sanctions were lifted on the country last week.

A statement from the Ministry of Industry and Commerce said a high level delegation from Iran will be arriving in Sri Lanka in February as Sri Lanka looks to re-commence petroleum and petrochemical sales to Sri Lanka.

According to Sri Lanka's Department of Commerce, bilateral trade between the two countries surpassed 1 billion U.S. dollars in 2011 and in 2012.

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