By John Lee. The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet authorised the Ministry of Finance to negotiate and initialize a draft agreement for the avoidance of double taxation and the prevention of tax evasion on income and capital, between Iraq and Jordan, […]
By John Lee. The Sri Lankan Ministry of Foreign Affairs has announced that it will temporarily close its Embassy in Baghdad. The decision, with effect from 30 April 2022, is part of a general restructuring of Sri Lanka's diplomatic representation overseas, undertaken in the context of economic situation and foreign currency constraints faced by the […]
Sri Lanka's Colombo Dockyard PLC (CDPLC) has successfully secured a contract with Toyota Tsusho Corporation (TTC) of Japan to build two vessels; Pilot Station Vessel and Buoy Tender Vessel, for General Company for Ports of Iraq (GCPI). TTC and GCPI signed the Prime Contract on 27th April 2018 in Dubai. Subsequent to the signing of […]
Sri Lanka's National Chamber of Commerce will hold a session on ‘Bilateral Trade with Iraq’ on Tuesday, May 27, with the participation of Ambassador of Iraq, Kahtan Al Janabi (pictured) as special guest speaker. It will be held from 3p.m to 4.30 p.m at the Chamber Auditorium, No. 450, D. R. Wijewardene Mawatha, Colombo 10. The […]
By John Lee. Trade between Sri Lanka and Iraq has risen 80 percent to $90 million, according to a report from Lanka Business Today. Sri Lanka exported goods valued at $ 89.80 million to Iraq and imported goods valued at $ 0.19 million from Iraq during 2013. Tea was the major export item to Iraq […]
The Ambassador of Sri Lanka, Sumith Nakandala, has visited the Kurdistan Region and met with the Head of the KRG Department of Foreign Relations, Minister Falah Mustafa to discuss a wide range of issues including ways of enhancing bilateral relations. The meeting was attended by the Deputy Head of the DFR, Karwan Jamal and the […]
Sri Lanka's Ambassador to Iraq, Mr Amaralal Sumith Nakandala, last Wednesday met with the Kurdistan Regional Government's Head of Foreign Relations to discuss ways of establishing relations between the Kurdistan Region and Sri Lanka. Ambassador Nakandala's visit is the first by a Sri Lankan diplomat to the Kurdistan Region and follows the re-opening of the […]
By Matthew Gayle. The government of Iraq has requested that Sri Lanka appoint a trade attache to the Lankan embassy in Baghdad before the two governments joint committee meeting that is to be held three months from now. According to the Sri Lankan Daily Mirror, the Iraqi Ammbassador in Sri Lanka, Kahtan Taha Khalaf (pictured), […]
By Matthew Gayle. According to Lanka Business Online, approximately 100 containers of Ceylon tea from Sri Lanka started arriving in Iraq two weeks after a meeting between trade and commerce ministers from both countries. The containers, worth an estimated $13 million, were detained at the Iraq-Kuwait border, Aqaba Free Trade Zone of Jordan, and Umm […]
By John Lee. Foreign Minister Hoshyar Zebari has received the credentials of Mr. Somit Nakindla the new Ambassador accredited to the Republic of Sri Lanka in Iraq. The Minister welcomed the guest and stressed the importance of developing and relations between the two countries, and expressed the ministry's readiness to provide support for the success […]
By John Lee. Sri Lanka is to purchase oil from Iraq after the US imposed new sanctions on Iran. According to a report from AFP, the US Senate unanimously approved new economic sanctions on Friday aimed at further crippling Iran's energy, shipping and port sectors, a year after Congress passed tough restrictions against Tehran. Sri […]
Iraq has offered "substantial quantities" of crude oil to Sri Lanka, as the island looks for alternatives to Iranian crude, according to AFP. Iran supplies nearly 92 percent of Sri Lanka's imported crude, but will stop crude oil imports from Iran from 29th March, ahead of the US deadline of 28th June. (Source: AFP)
