Exports from Sri Lanka to Poland have increased from US $ 25.68 million to US $ 39.89 million during 2011, resulting in a favorable balance of trade for Sri Lanka, said Kumara Semage, President of the Sri Lanka Poland Business Council of the Ceylon Chamber of Commerce.
He pointed out during the annual general meeting of the Sri Lanka - Poland Business Council that the total imports from Poland to Sri Lanka had also shown an increase from US $ 9.63 million to US $ 11.08 million during 2011.
However, there was a dip in tourist arrivals from Poland to Sri Lanka last year due to the European financial crisis.
He also stated that the Sri Lanka – Poland Business Council made significant progress, not only in terms of business awareness amongst the business community, but also strengthened relations with the Polish Embassy in New Delhi and Sri Lanka Embassy in Poland.
During a recent visit to Poland, Secretary to the Ministry of Defence Gotabhaya Rajapaksa had identified the immense potential for Sri Lanka to transfer technology and also engage in intelligence sharing which would benefit both countries.
Minister of National Defence of Poland has also pledged to promote relations within the framework of his Ministry to Sri Lanka.