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Namibia+shows+interest+in+SL+apparel+and+rice+industries.
Monday, 19 March 2012 - 8:21
Namibia shows interest in SL apparel and rice industries.
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Namibia, the world's fifth-largest producer of uranium, is keen to leverage Sri Lanka’s apparel and rice cultivation successes.

Samuel K. Mbambo the new High Commissioner of the Republic of Namibia to Colombo revealed this to Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka when he made a courtesy call on the Ministers in Colombo last week.

According to the Department of Commerce, the value of total trade between the two countries at US $ 0.07 million in 2006, and increased to US $ 0.08 million in 2010.

The balance of trade has been in favour of Sri Lanka except in 2006 and 2010.

The $ 12 billion economy is projected to grow 4.4% in 2011.

Tea and live fish are Sri Lanka’s main export items to Namibia.

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