Lanka's foreign exchange earnings from tea export at lowest -
COLOMBO: Despite Sri Lanka being one of the leading tea exporting
countries, its foreign exchange earnings out of tea export remains at
the lowest ebb in comparison with other tea exporting countries,
Industrial Development Ministry acting Secretary R.V.D.Piyatilleke said.
"The main reason for this is Sri Lankan tea exporters' inadequacy to
add value to the tea we export while other countries export value added
tea which are flavoured to suit the consumer taste," Piyatilleke said.
He said the Rs. 81,481 million foreign exchange Sri Lanka earned by
exporting 308,859 metric tons of tea in 2005 could have been much
enhanced if the companies took the trouble to export flavoured tea in
bag form instead of exporting tea in whole sale scale.
The Industrial Development Ministry has launched a new programme to
increase foreign exchange earnings by exporting tea under State
sponsorship in liason with the Tea Board, Tea Exporters' Agents and the
Chamber of Commerce on President Mahinda Rajapaksa's instructions, the
Acting Secretary said.