Thursday, May 17, 2007

Sri Lanka Makes Organic Goals for 2010

"The Sri Lankan government plans to increase investments in promoting organic agriculture in the next three years with the aim of earning over five billion dollars through exports by 2010, officials said Thursday.

The government has allocated a total of 62 million dollars, starting with 17 million dollars this year, 25 million dollars in 2008 and 20 million in 2009, to promote organic products, Minister of Information Anura Yapa said.

Sri Lanka today earns only 75 million dollars annually from organic exports, mainly of tea and spices.

Vegetable exports earn around one million dollars a year, Yapa said.

Organic products are exported to markets like Europe, Japan and the United States."


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