CIS crisis could impact Lankan exports | Daily News

CIS crisis could impact Lankan exports

Over 90,000 tourist arrivals in February:

Russia’s invasion of Ukraine could have impacts on Sri Lankan exports, mainly tea exports.

“10.2 percent of total tea exports are directed to this region.Apart from that we do see some imports from this region especially wheat from Ukraine,” Anil Perera, Director of Economic Research at the Central Bank of Sri Lanka said. He said further that tourist arrivals continue to increase and in February this year, Sri Lanka has seen good numbers in terms of tourist arrivals closer to 97,000. In the first two months of this year, Sri Lanka has recorded closer to 179,000 tourist arrivals.

“This geopolitical tension could have some impact, but we think our tourism destinations are somewhat diversified and the impact from ongoing tensions in the Eastern Europe will not be that high,” Perera said.


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