EIC Signs Pact With Lankan Body

New Delhi, January 28: | Updated: Jan 29 2003, 05:30am hrs
In a move to boost Indo-Sri Lankan trade, the Export Inspection Council of India (EIC) has signed an agreement with the Sri Lanka Standards Institution (SLSI). Under the agreement, SLSI will recognise EICs certification for facilitating entry of Indian goods in Sri Lanka. LV Saptharishi, council chairman and additional commerce secretary, stated this, while signing the pact here on Monday.

An official release said the agreement would provide reduced level of inspection of 84 Indian commodities entering the island nation. The commodities comprise milk products, vegetable oils, confectioneries, fruits and vegetable products, household electrical appliances, cement etc.

Director of EIC Sashi Sareen, who was also present on the occasion, highlighted the benefits accruing to exporters from the agreement which include reduced level of inspection and testing by Lankan authorities and consequent reduction in cost, minimal risk of rejection and elimination of cost of reprocessing/recall/destruction, timely shipment, avoidance of delays etc.

Mr Saptharishi exhorted Indian exporters to take advantage of the agreement and extensively use the certification facility to satisfy Lankan customers. Earlier, EIC, the official export inspection and certification agency, had signed similar agreements with Australia, European Commission and the US food and drug administration.