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Wednesday, 21 November 2012 - 13:07
FAO to grant $ 2.5 mn for spice export development
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The Food and Agriculture Organization of the United Nations would grant 2.5 dollars million to increase export earnings from spice exports to 10 % of the Gross Domestic Product by 2022.

Ministry of Minor Export Crop Promotion Secretary said that the ministry would launch a 10 year 'Spice Sector Development Plan' in the coming months and sector consultation process with regard to the 10-year ambitious plan scheduled to take place within the first week of December, 2012.

Prior to implementing Sri Lanka's first ever long-term 'Spice Sector Development Plan', the ministry will take into consideration suggestions, proposals, and opinions of all industry stakeholders such as private and public organizations, farmers and respective academics to make this 10-year ambitious plan a success.

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