Sri Lanka eyes more exports to China, mulls re-activating FTA talks

Sri Lanka is eying more exports to China in the Covid-19 era by participating in an import fair in the country and also reactivating talks on a proposed free trade deal, the Indian Ocean Island’s state export promotion agency said

Aug 29, 2020
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Sri Lanka is eying more exports to China in the Covid-19 era by participating in an import fair in the country and also reactivating talks on a proposed free trade deal, the Indian Ocean Island’s state export promotion agency said.

Prabash Subasinghe, Chairman of Sri Lanka Export Development Board (EDB), has met Yang Zuoyuan, Economic and Commercial Counsellor of China Embassy in Colombo to discuss ways to boost trade between the two countries.

“In this regard, the activation of negotiation process of proposed China Sri Lanka FTA was highlighted as this will act as a catalyst to increase the trade between Sri Lanka and China by exploiting the opportunities available in the market,” the EDB said.

The two had also discussed the participation of Sri Lanka in the China International Import Expo (CIIE) in which the EDB had arranged for exporters from the island to be participate from 2018.


https://economynext.com/sri-lanka-eyes-more-exports-to-china-mulls-re-activating-fta-talks-73433/

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