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Russian Ban of Imports & Our Tea.

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Russian Ban of Imports & Our Tea.

Post by කිත්සිරි ද සිල්වා on Thu Aug 07, 2014 2:12 pm

Will the Russian ban of imports from US and Europe have a positive impact on our exports like Tea?
The winter months are just a wink away and I am sure the Tea exporters will have a sigh of relief soon.
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Re: Russian Ban of Imports & Our Tea.

Post by Jana1 on Thu Aug 07, 2014 2:23 pm

Ur topic and the contents are contradicting.. Ur topic says it got banned but in the content u ask otherway around??

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Re: Russian Ban of Imports & Our Tea.

Post by yaka on Thu Aug 07, 2014 2:52 pm

he is referring to this
http://news.yahoo.com/nato-fears-ground-invasion-russia-masses-troops-ukraine-142159887.html

I also was think will there be any impact on LK from this 

will Russia look for alternative
if so what are possibilities for LK
which companies will be benefited if so....

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Re: Russian Ban of Imports & Our Tea.

Post by wappula on Thu Aug 07, 2014 3:16 pm

As my little knowledge. USA & Europe don't export tea isn't it?

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Re: Russian Ban of Imports & Our Tea.

Post by Ethical Trader on Thu Aug 07, 2014 3:22 pm

I think any imports of tea through europeans may get affected but direct imports from Sri Lanka and other regions will see a boost. This is an opportunity to diversify our exports too, to Russian region countries when imports from the west is curtailed. I see a window of opportunity here.
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Re: Russian Ban of Imports & Our Tea.

Post by Ethical Trader on Thu Aug 07, 2014 3:25 pm

wappula wrote:As my little knowledge. USA & Europe don't export tea isn't it?  
There are tea blending companies in UK & Europe. They domonate in packted tea industry in the world. It is opportune time that we enter this lucrative market in a big scale. This is possible with recent tax incentives granted.
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Re: Russian Ban of Imports & Our Tea.

Post by කිත්සිරි ද සිල්වා on Thu Aug 07, 2014 5:17 pm

Do we know what happened to the Tea, after it leaves our shores?
They get blended, packaged and branded differently.
EU to Russia exports are over US $ 3 billion and those value added tea may not be that significant comparatively.
As someone said here, we should find a way start exporting to them direct.
Iraq was one of our biggest buyers, a few years ago but we lost that market due to the instability over there.
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