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The ancient maritime routes through the Indo-West Pacific (Southeast Asia and the Indian Ocean) had no particular name for the majority of its very long history. [3] Despite the modern name, the Maritime Silk Road involved exchanges in a wide variety of goods over a very wide region, not just silk or Asian exports. [6] [14]
A maritime Silk Route opened up between Chinese-controlled Giao Chỉ (centred in modern Vietnam, near Hanoi), probably by the 1st century. It extended, via ports on the coasts of India and Sri Lanka, all the way to Roman-controlled ports in Roman Egypt and the Nabataean territories on the northeastern coast of the Red Sea.
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [40] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [41]
Print/export Download as PDF; ... Pages in category "Economic history of Sri Lanka" ... Maritime Silk Road; T. Thombo
The United States is the main importer of textile goods from Sri Lanka, accounting for 76% of total exports from Sri Lanka. As of 2009, Sri Lanka ranked 12th among apparel exporters to the United States in terms of value. [15] Sri Lanka's partnership was advanced in 2000 in part by setting up logistics centres at key US ports to smooth the ...
They established trade routes with Southern India and Sri Lanka from around 1500 BC to 600 BC, ushering an exchange of material culture (like catamarans, outrigger boats, lashed-lug and sewn-plank boats, and paan) and cultigens (like coconuts, sandalwood, bananas, and sugarcane), as well as spices endemic to the Spice Islands (cloves and nutmeg ...
Silk was a common offering by the emperor to these tribes in exchange for peace. Silk is described in a chapter of the Fan Shengzhi shu from the Western Han period (206 BC–9 AD), and a surviving calendar for silk production in an Eastern Han (25–220 AD) document. The two other known works on silk from the Han period are lost.
The second part of the agreement pertained to the trade in additional commodities that both Sri Lanka and China intended to purchase and sell. However, this part of the agreement lacked specific obligations, with the understanding that the total worth of exports and imports would be balanced on an annual basis. [17]