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Lanka, Poland trade to expand

Sri Lanka can take a leaf from Poland which opened its economy 14 years after Sri Lanka opened its economy.


Jerzy Pomianowski

Poland Vice Minister of Foreign Affairs, Jerzy Pomianowski said that one of the key reasons for the Poland economy to surge ahead is the shift of their exports from Russia to Germany and Europe. “One other reason is the elimination of corruption,” he said.

He said that trade between Sri Lanka and Poland is currently low and it has great scope to expand. He said Poland investors are keen on tourism and infrastructure related investment. “There is also opportunity for Polish businessmen who are already investing in India to manufacture more in Sri Lanka so that the items could be exported to India exploiting the FTA.

He said with more promotions, tourist arrivals too could be increased.

Exports from Sri Lanka to Poland topped US 39 million dollars and imports were around 11.8 million. The main exports are tea, apparel and rubber based products while imports are mainly industrial goods.

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