Sri Lanka, Jan. 7 -- The Government of Sri Lanka has signed a grant agreement valued at EUR 8 million with the European Union to launch a new initiative under the AgriGreen Initiative - Green Economic Growth through Sustainable Agriculture Practices project.

The grant, provided by the European Union, will support a project jointly developed by the Ministry of Plantation and Community Infrastructure as lead-Ministry, Rubber Development Department and Rubber Research Institute of Sri Lanka, and in partnership with the EU, the Ministry of Finance said in a statement.

The initiative will support Sri Lanka's transition to green economic growth where sustainable consumption and production practices and food security are ensured, according to ...