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The Spices and Allied Products Producers’ and Traders’ Association meeting
The Spices and Allied Products Producers’ and Traders’ Association meeting

Sri Lankan spices help to generate foreign exchange $1.5 bn annually

The Spices and Allied Products Producers’ and Traders’ Association (SAPPTA)

The export market for Sri Lankan spices, including cinnamon, pepper and cardamom, is substantially lucrative, but it is disappointing to note that spice growers have not fully realized the potential of these crops. These spices could help generate foreign exchange earnings to the extent of $ 1.5 billion annually,

Also Sri Lanka achieved a reputation for its spices. the Minister of Primary Industries Daya Gamage said at 33rd annual general meeting of The Spices and Allied Products Producers’ and Traders’ Association.

‘However I hope you would not continuously depend on the government to improve spice crops and develop new strains of these spices.

The government will help you but you must simultaneously help yourselves. We will not stand in your way but as you would agree, we will extend necessary assistance to ensure you develop. The Chairperson of the Export Development Board ( EDB), is here and I am of the opinion that the EDB as well as other organizations you come in contact with would give you the corporation you need to ensure progress, the minister said.

Sri Lanka is home to the best cinnamon in the world and Cinnamon is exported to 13 countries, particularly Mexico. the The minister noted in his speech.

The meeting passed a resolution to amend the association’s constitution to revise the member entrance fee and annual subscription.

Also, the 2016-17 annual report and the audited accounts were adopted on the occasion.

Chairman, vice chairmen and members of the committee for 2017-18 were announced as well.

 

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