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Sri Lanka planning to settle Iran oil dues with tea
Sri Lanka is considering a plan to settle payments to Iran for previous oil purchases by exporting tea to the country at equivalent values.
Sri Lanka pledges to solve payment issues on tea exports to Iran
The Sri Lankan government assured it will resolve the payment concerns of tea exports that are dampened by the US sanctions on Iran, as the central bank has now begun to negotiate with a couple of international banks to get assistance on payment term mechanism, a minister confirmed.
Sri Lanka warns of looming foreign debt crisis
Sri Lanka is headed for a debt crisis, the finance ministry warned Sunday, blaming a series of costly projects commissioned by the previous government for record-high repayments.
Iran agrees to build new refinery for Sri Lanka: Official
Iran has agreed to build a new oil refinery for Sri Lanka in addition to upgrading its ageing 50,000 barrel per day (bpd) state-owned refinery, said Sri Lankan Cabinet spokesman Rajitha Senaratne on Wednesday.
Leader: Iran, Sri Lanka should boost bilateral trade
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on Sunday stressed the need to expand trade ties between Iran and Sri Lanka, saying the two countries have much more capacities for pushing up trade volume.
Iran, Sri Lanka ink cooperation documents
The Islamic Republic of Iran and the Democratic Socialist Republic of Sri Lanka signed four memoranda of understanding and one document on cultural exchanges in the presence of the presidents of the two countries on Sunday.
Sri Lanka president to hold trade talks with Iran
Sri Lanka's President Maithripala Sirisena left on a two-day visit to Iran on Saturday evening to improve trade relations and secure investment from the Islamic Republic, his office said.
Majlis Speaker urges Iran, Sri Lanka to boost industrial ties
Iran's Majlis (Parliament) Speaker Ali Larijani called on the businessmen in Iran and Sri Lanka to try to expand industrial relations between the two nations.
Four Lankans nabbed entering Iran via Azerbaijan
Four Sri Lankans were detained when trying to enter Iran illegally through the border with the Republic of Azerbaijan, local police said.
Buddhist mobs attack Muslim properties despite curfew in Sri Lanka
Violent Buddhist mobs have rampaged through Muslim neighborhoods in Sri Lanka's central hills despite heavy police presence and a curfew, destroying businesses and setting homes ablaze.
Sri Lanka blocks social media as Buddhist mobs attack mosques
Sri Lanka shut down social messaging networks including Facebook on Wednesday to control violence targeted at the country’s minority Muslims, officials said, even after the imposition of emergency on the Buddhist-majority island.
Sri Lanka’s president declares emergency amid anti-Muslim violence
Sri Lanka's President Maithripala Sirisena has declared a nationwide state of emergency after Buddhist mobs attacked mosques and businesses belonging to Muslims.
Iran naval flotilla docks at Colombo Port in Sri Lanka
The Iranian Navy’s 50th naval fleet has docked at the Port of Colombo in Sri Lanka as the Islamic Republic seeks to expand its naval presence and boost its power in international waters.
Iran's Navy flotilla docks in Sri Lanka
Iranian Navy's 50th flotilla of warships docked in Sri Lanka on Friday morning, a Navy statement said.
Sri Lanka to settle $42m petrodollars to Iran by February
Sri Lanka will settle its $42 million in arrears to Iran on past oil bills this February, the International Monetary Fund said.

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