Japan to boost SL’s banana exports
Japan’s ITOCHU Corporation will help further strengthen Japan-Sri
Lanka trade ties under which investments would be made for expanding the
island’s banana and tuna fishing industries and greater export
opportunities opened for the products.
Kouhei Watanebe, Chairman, Japan-SL Business Co-operation
Council, with Minister of Economic Development Basil
Rajapaksa |
Kouhei Watanebe, Chairman, Japan Sri Lanka Business Co-operation
Councial and advisor to ITOCHU corporation expressed these sentiments
when he and the corporation’s representatives met Economic Development
Minister Basil Rajapaksa at the ministry office on Tuesday .
Chairman Watanebe added that ITOCHU was also focusing on developing
Sri Lanka’s infrastructure, transport sector and environment-friendly
coal power plants. According to him, President Mahinda Rajapaksa too had
discussed these during his last visit to Japan.
Minister Basil Rajapaksa said there was a very good market for
banana, pineapple, rambutan and other fruits grown in Sri Lanka where
the cultivation was being expanded with government assistance. He also
said that areas like Batticaloa and Kalpitiya were areas most suitable
for the cultivation of marine plants and rearing sea leeches.
The Economic Development Minister admitted the prawn industry here
was facing setback at the moment, but there is opportunity for improving
it. Referring to Japan to boost SL’s banana exports, he said it is Sri
Lanka which meets 95 percent of the world’s cinnamon requirements.
Minister Rajapaksa added that the peace which now prevails in the
country, political stability, environment friendliness, 24-hour power
supply and the availability of skilled labour had attracted many foreign
investors. Industry and Commerce Ministry Secretary, Anura Siriwardena
and a number of senior officials of the ITOCHU Corporation including its
General Managers Masazumi Nishikage, Planning and Administration, Kenji
Tanaka,Marine Products attended the discussions. |