Bangladesh-Sri Lanka Trade Ties to Grow

30 June 2019

Sri Lanka and Bangladesh are set to sign a free trade agreement, which is expected to increase bilateral trade between the two countries. Trade is expected to grow at a steady pace with the planned FTA, says Bangladesh High Commissioner to Sri Lanka Mr. Riaz Hamidullah, speaking at a forum organized by National Chamber for Commerce of Sri Lanka in June 2019.

Mr. Hamidullah said trade and investment between the two countries will be helped by holding trade exhibitions, hosting visits by trade delegations of both countries, and fostering mutual cooperation.

Trade between Sri Lanka and Bangladesh stood at around $78 million in 2017. Sri Lanka’s major exports to Bangladesh include apparels and plastic and petroleum products. Sri Lanka’s major imports from Bangladesh are pharmaceutical products, machinery parts, jute yarn, and electric accumulators.

Sri Lanka currently has bilateral free trade agreements in South Asia with India and Pakistan.


Related Link:

The sixth and final unit of the Punatsangchhu-II Hydropower Project was successfully synchronized with Bhutan’s national grid on...

Read More


Mr. Vikram Misri, Foreign Secretary of the Government of India, visited Nepal on 17-18 August 2025 to strengthen...

Read More


The Government of India approved the purchase of an additional 200 MW of electricity from Nepal, effective 11...

Read More


The India-Bhutan energy partnership reached a major milestone with the operationalization of the fifth unit of the 1,020...

Read More


The Government of Bangladesh has launched a fully automated trade clearance system, making the submission and issuance of...

Read More


Assam and Bhutan have pledged to strengthen their bilateral tourism ties by collaborating on smoother and more accessible...

Read More


The new Gelephu Integrated Check Post (ICP) in Bhutan, which will play a key role in the Gelephu...

Read More