Bangladesh and Sri Lanka Agree to Enhance Trade Relations

28 May 2016

Bangladesh Prime Minister Sheikh Hasina and Sri Lanka President Maithripala Sirisena agreed to further enhance bilateral trade relations at a meeting held on the sidelines of the G7 Outreach Summit in Nagoya, Japan.

They agreed to maintain price stability for import/export garments to and from each other's countries, and discussed possible implementation of a more favorable system of trading pharmaceutical products under concessionary prices and boosting cooperation in investments. They also highlighted the increasing flight frequencies between Bangladesh and Sri Lanka.

President Sirisena accepted an invitation extended by Prime Minister Hasina to visit Bangladesh in December this year.

 


Related Link:

Unit 3 (170 MW) of the 1020 MW Punatsangchhu–II Hydroelectric Project (HEP) was successfully synchronized with the power...

Read More


During her visit to India, Ms. Arzu Rana Deuba, Foreign Minister of the Government of Nepal, engaged in...

Read More


Nepal has sought India's financial and technical assistance to determine the viability of the proposed 141-kilometer Raxaul-Kathmandu railway,...

Read More


The inauguration of the Jogighopa inland water transport terminal on the Brahmaputra River (National Waterways 2) marks a...

Read More


This Asian Development Blog article explores how enhancing multimodal transport, standardization, and digital integration can...

Read More


Mr. Sheikh Bashir Uddin, Advisor to the Ministry of Commerce of Bangladesh, emphasized the importance of boosting efficiency and...

Read More


This Asian Development Blog article explores the role of economic corridor development in South Asia, highlighting...

Read More