<h1>Indian Commerce Minister Optimistic About Resolving Vanaspati, Marble, Copper Import Quotas to Boost Indo-Sri Lanka Trade.</h1> The Indian Commerce Minister expressed optimism about resolving issues related to the import quotas of vanaspati, marble, and copper from Sri Lanka to enhance bilateral trade. Indo-Sri Lankan trade grew from $1,497 million in 2004-05 to $2,590 million in 2005-06 and was valued at $2,462.28 million in 2006-07. India is a significant trade partner and investor in Sri Lanka, accounting for 15-20% of Sri Lankan imports and investing $400-500 million in FDI. India has agreed to a tariff rate quota for Sri Lankan garments and signed a cooperation agreement on product standardization and certification.