Iran engages Trade Minister for barter deal

1 October 2020 08:26 pm - 17 - {{hitsCtrl.values.hits}}

A A A

Iran has sought the introduction of barter system for trading with Sri Lanka bypassing problems triggered by the U.S. Sanctions, Trade Minister Bandula Gunawardane said today.

Minister Gunawardane told the Daily Mirror that Iranian Ambassador Hashem Ashjazadeh proposed the barter system at a meeting with him on Wednesday.

The Minister said he welcomed the proposal.

“I will now talk to the Central Bank, Sri Lanka Tea Board and the Foreign Relations Ministry to see whether this can be made a reality,” he said.

He said Iran was one of the largest buyers of Ceylon Tea, and it could be bartered with Iranian products such as bitumen, solar panels and agriculture implements.

“This is a good idea. We should explore it,” he said.

Besides, the Minister said bilateral cooperation for the development of the cinema industry was also discussed. The Ambassador invited the Minister to screen ‘The Newspaper' film produced by him at the next Teheran Film Festival. (Kelum Bandara)

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 17

Desillusioned Thursday, 01 October 2020 08:35 PM

Sri Lanka becomes more and more a banana country. Very soon Sri Lanka will be isolated from the democratic world together with other bandit countries.

Buddhist Thursday, 01 October 2020 09:06 PM

US Embargo?

Renegade Thursday, 01 October 2020 09:23 PM

Iran faces sanctions from all democratic countries. Not only the US. Why do you think this is?

Nimal Thursday, 01 October 2020 10:38 PM

Iran is in dire straight now due to economic sanctions. It is trying hang on to a straw for survival.

Nimal Thursday, 01 October 2020 10:39 PM

What is the connection between the barter system Iran is begging and screening of BG's Newspaper in Iran?

Donald Duck aka Donald Trump Friday, 02 October 2020 05:10 AM

These are US sanctions not UN sections. Sri Lanka, should not be bound by the sanctions of any other country unless it is mandated by the UN. The US can have sanctions applied but that should be restricted to the US government and US companies.

Lumbini Friday, 02 October 2020 06:19 AM

This is not a good deal. Iran is facing serious trouble due to many issues. Why we want to trade with a country that do not follow international rules. Besides, we need foreign exchange, not bitumen.

Kosala Friday, 02 October 2020 06:21 AM

Superb thinking ! Very smart SL Government !

ravin Friday, 02 October 2020 06:33 AM

Is this system is an ongoing system? Trying to over turn history?

Jude Friday, 02 October 2020 06:49 AM

Let's barter Bandu and see what we can get in return!!?? Probably not much !!??

Hesiod Friday, 02 October 2020 07:53 AM

Understand the US law on this first before opening the gap, can of worms and the Pandora’s Box - all at the same time.

sokrates Friday, 02 October 2020 08:39 AM

A good idea. For our tea we can get fanatic mullahs to teach our youth how to build bombs and how to hang people on cranes.

Renegade Friday, 02 October 2020 10:36 AM

@Donald : your comment is not true. Most democratic countries boycot Iran, not only US

L de Silva Friday, 02 October 2020 11:22 AM

The majority of comments made here, are by ignorants, not having any knowledge of the illegality of the unilateral US sanctions on Iran and other independent sovereign nations, who wish to carve-out and progress on an independent path, rather than be a vassal of the US. Go read up, people! Iran doesn't need SL (but vice versa), it's rich enough both economically and culturally.

Samantha Friday, 02 October 2020 12:06 PM

Dont try to play with fire. It is not a fun game. Bandula Gunawardana may think as a coconut game.

vithura Friday, 02 October 2020 01:40 PM

Are they really serious to commit hara-kiri and be another of the axis of evil countries?

Joshua Friday, 02 October 2020 04:23 PM

US is not foolish like sri lankan politicians. Your barter will be shot down before a blink of eye

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Iran engages Trade Minister for barter deal

Comments - 17

Add comment

RECOMMENDED

‘Spike in blast fishing’ poses renewed threats to Sri Lanka’s marine ecosystems

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Most Viewed in News

Complaint lodged over Piumi Hansamali's possession of Gota’s Range Rover

Ranil Wickremesinghe caravan moves on despite barking dogs

Uma Oya Development Project inaugurated

Two racing drivers arrested over Fox Hill tragedy

Former MP Palitha Thewarapperuma dies from electrocution

Street food vendor arrested for verbally harassing foreigner

MIRROR CRICKET

Is Chamari Athapaththu Sri Lanka’s greatest cricketer ever?

Athapaththu back atop ICC Women’s ODI Batting Rankings

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

TODAY'S HEADLINES

No footboard riding allowed, no liability for accidents: Railways Department

Six patients claim Rs.600 million from Keheliya and others for permanent loss of sight

SLPP, UNP initiates action for forming broad alliance

Here is the way!

Pakistan lose key players for last two T20Is against New Zealand

Sri Lanka secures third spot in South Asian Kurash Championship 2024

Athapaththu back atop ICC Women’s ODI Batting Rankings

Army forms committee to probe Diyatalawa Fox Hill Supercross accident