Bangladesh and Sri Lanka Discuss Early Conclusion of the Preferential Trade Agreement

29 March 2022

Mr. AK Abdul Momen, Foreign Minister of the Government of Bangladesh, Mr. G.L. Peiris, Foreign Minister of the Government of Sri Lanka, held a bilateral meeting on the sidelines of the 18th BIMSTEC ministerial meeting in Colombo, Sri Lanka. Their meeting underscored the importance of early conclusion of the Preferential Trade Agreement (PTA) to help significantly boost bilateral trade between the two countries.

PTA negotiations are at an advanced stage, according to Ms. Mashfee Binte Shams, Secretary (East), Ministry of Foreign Affairs, Government of Bangladesh.

Mr. Momen also placed emphasis on the need for regular commercial shipping lines and cruise shipping to increase trade and people-to-people contacts.

Mr. Peiris agreed on the need to better utilize Colombo port for transport of goods from Bangladesh.

 

Related link

Bangladesh, Sri Lanka for early conclusion of PTA to boost trade

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


Nepal began its regular export of electricity to Bangladesh, by sending 40 megawatts (MW) of electricity through India's...

Read More


In a landmark move to enhance tourism cooperation between India and Nepal, the Indian Association of Tour Operators...

Read More


Reliance Power of India has signed a major agreement with Green Digital Private Limited, a Bhutan government-owned entity,...

Read More


The Adani Group of India and the Druk Green Power Corporation (DGPC) of Bhutan have signed a landmark...

Read More


Mr. Deepak Khadka, Minister for Energy, Water Resources and Irrigation of the Government of Nepal, and Mr. Manohar...

Read More