Wednesday, October 15, 2008

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Lankan trade negotiation SME development expertise for Iraqi officials


A ten day workshop on Capacity Building Trade Negotiation and SME development for Iraqi officials was inaugurated on October 10, at the Ceylon Continental Hotel organised by the Ministry of Export Development and International Trade.

The workshop is the sequel of a meeting of the visiting Iraqi trade delegation led by Abdulhadi K. Al-Hamiri Advisor to His Excellency the Minister of Trade, Director General of the Foreign Economic Relations Department of Iraq, with the Minister of Export Development and International Trade Professor G.L Peiris, in October 2007. The delegation was in Sri Lanka to reactivate the commercial and economic relations between the republic of Iraq and the Democratic Socialist Republic of Sri Lanka.

During the meeting, Minister Professor G.L Peiris offered to conduct a workshop in Sri Lanka on Capacity Building Trade Negotiation and SME Development for Iraqi officials.

S. Rannuge, Secretary Ministry Export Development and International Trade, Anil Koswatte Chairman Sri Lanka Export Development Board, Turki H. Himli Senior Director Department of Foreign Economic Relations, Trade Ministry of Iraq addressed the participants at the inauguration of the workshop. Yassir Kadhim Charge’d Affairs Embassy of the Republic of Iraq was also present at the inauguration.

Lectures and discussions on International Trading Systems, WTO negotiations, Regional Trading arrangements, SME development Inspection and Quality Control, Sri Lanka’s experience in conducting trade negotiations; are some of the topics to be discussed during the workshop. The participants will have the opportunity of visiting a tea factory and an Export Promotion Village during their stay in Sri Lanka.

Iraq was ranked as the 38th largest export market for Sri Lanka, absorbing 0.34% (US$ 26.45 million) of Sri Lanka’s exports to the world in 2007. The Balance of Trade between the two countries during the last 10 year period; was highly in favour of Sri Lanka. Sri Lanka’s imports from Iraq are negligible. Tea is the main export product of Sri Lanka to Iraq.

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