Agreements with Asian giants to precede FTA with Bangladesh

by Zacki Jabbar


Sri Lanka and Bangladesh are scheduled to commence talks on a free trade pact, no sooner on going negotiations  for comprehensive economic partnerships with India, China and Singapore are concluded.

Agreement in this regard, was reached during a meeting between Prime Minister Ranil Wickremesinghe and Bangladesh High Commissioner to Sri Lanka, Riaz Hamidullah in Colombo recently.

Bangladeshi Counsellor Maleka Parveen said that High Commissioner Hamidullah had requested an early initiation of talks to facilitate greater economic engagements, including further trade liberalization that would benefit both countries.

She said that the High Commissioner had also referred to the growing number of Sri Lankan enterprises and nationals who were gainfully employed in numerous service sectors in Bangladesh.

Over 70,000 Lankans are currently working in Bangladesh and several Lankan companies including the Commercial Bank of Ceylon are active there.

Prime Minister  Ranil Wickremesinghe while acknowledging the importance of  further expanding economic and trade cooperation, assured that discussions on a free trade pact with Bangladesh would commence on a priority basis, no sooner  on going negotiations for comprehensive economic partnerships with India, China and Singapore  were concluded, Praveen revealed.

Wickremesinghe, she said, had   emphasized the need for greater collaboration to effectively reap numerous advantages in the Bay of Bengal region and convert it into a growth zone.

animated gif
Processing Request
Please Wait...