Sri Lankan Minister of Industry and Commerce Rishad Badiutheen on Thursday said Sri Lanka has asked Vietnam to sell it some 15,000 tons of rice, said visiting
He made the request while meeting with Vu Huy Hoang, Vietnamese minister of industry and trade in Vietnam’s capital Hanoi, reported Vietnam’s state-run news agency VNA.
The Vietnamese minister expressed his hope to further strengthen exchanges and cooperation in bilateral trade, especially in areas both sides have potentials.
The two sides agreed to soon establish a subcommittee on commerce, as well as to promote the implementation of Memorandum of Understanding(MoU) on cooperation in oil, gas, and mechanism signed in 2011.
According to statistics from the Ministry of Industry and Trade, in the first six months of 2014, Vietnam exported some 66 million U.S. dollars worth of goods to Sri Lanka, an increase of 11.8 percent year-on-year, while it spent 43 million dollars on imports from Sri Lanka, up 139 percent year-on-year.
Vietnam mainly exports clinker, textile fiber, garment, rubber, phones and accessories to Sri Lanka, while it imports animal feed, pepper, materials for garment and footwear, precious stones and metals, among others.
Vietnam and Sri Lanka established diplomatic ties in 1970 at the ambassadorial level.