MINOR CONCENTRATION OF CHINESE BUYERS FOR SRI LANKAN FIBER

2025-05-19

IDENTIFIED IMPACTS

-LESS EXPORTS INCOMES TO THE COUNTRY

-INCOME LOSSES TO THE FIBER EXTRACTORS

-LACK OF RAW MATERIALS (COCO PEAT) TO THE MOULDED COIR PRODUCT EXPORTERS (SUBSTRATES MANUFACTURERS)

ACTION PLAN

-INFORMED TO PRESIDENTIAL SECRETARIAT

-SECURED PHYSICAL MEETING WITH PRESIDENTIAL SECRETARIAT

-PARTICIPATED IN THE PHYSICAL MEETING WITH SELECTED MEMBERS

FINAL OUTCOMES

-DIPLOMATIC ENGAGEMENT TO SOLVE THE PROBLEM

-RE-CONSIDERATION OF FREE-TRADE AGREEMENT BETWEEN CHINA & SRI LANKA