Sri Lanka

Sri Lankan FM’s visit to Iran: Tea for oil solution to be explored

He is scheduled to extend a courtesy call on Iranian President

August 5, 2023 12:20 pm

Sri Lankan Foreign Minister Ali Sabry
Sri Lankan Foreign Minister Ali Sabry

By Kelum Bandara

Sri Lanka is intensifying its efforts to enhance diplomatic relations with West Asian nations, with the latest focus on strengthening trade ties with Iran, particularly for revitalizing its tea market as part of these endeavours during Foreign Minister Ali Sabry’s current visit there.

He is on a visit to Iran from August 4 to 7, 2023 at the invitation of Iranian Minister of Foreign Affairs, Dr. Hossein Amir Abdollahian.

During this mission, Minister Sabry is set to engage in several pivotal engagements. He is scheduled to extend a courtesy call on Iranian President, Dr. Seyyed Ebrahim Raisi, and conduct meetings with key Iranian figures, including Foreign Minister Dr. Hossein Amir Abdollahian and other prominent government officials. The primary goal of these interactions is to further fortify the already robust relationship between the two nations, as emphasized by a statement from the Sri Lankan Foreign Ministry.

Of significant importance is Sri Lanka’s endeavour to rejuvenate its presence in the Iranian tea market.

The country has faced challenges, including US sanctions, which have hindered its ability to remit US $ 400 million to Iran for fuel purchases. In light of these constraints, Sri Lanka is strategically exploring the possibility of addressing this payment by supplying tea to Iran.

During his visit, Minister Sabry is expected to delve into this matter with Iranian leaders, engaging in discussions aimed at finding viable solutions. The focus will particularly be on devising strategies to expand tea exports, potentially heralding a new chapter in the trade relationship between the two nations.

As Sri Lanka diligently navigates the complexities of international trade and diplomacy, this visit to Iran not only underscores its commitment to cultivating strong bilateral ties but also highlights the power of economic collaboration, symbolized by the humble yet impactful commodity of tea.

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