Tea exporters are to meet representatives of the Central Bank and the Embassy of the United States to get clarity on the Iranian deal with the US and to see possibilities of recommencing direct exports to the country.
Iran has been one of Sri Lanka’s traditional market for tea and exports were affected following sanctions laid out by the US on the country. However, the recent deal signed by Iran with US has rekindled interests of tea exporters in Sri Lanka who have sought meetings with officials next week to obtain clarity on the contents of the deal.
Iran signed landmark nuclear agreement with the USA and five other world powers recently, which aims to prevent Iran from producing nuclear weapons in exchange for relief of economic sanctions.
President, Tea Exporters Association (TEA), Rohan Fernando speaking to The Nation Gain said the new development had created fresh hopes among tea exporters in the country, but added there were certain aspects that needed to be cleared before taking further steps.
“Firstly, we need to how restrictions have been lifted and what conditions have been laid out. Secondly, on how soon the sanctions on some Iranian banks would be lifted so that there would be an ease of monetary transactions between banks of both countries,” he said.
External Affairs Minister, Mangala Samaraweera had also commented on the issue stating that the removal of barriers would help tea exports and make tea sales payments easier.