Sri Lanka to recommence petroleum imports from Iran
Thursday, 21 January 2016 - 14:18
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.