Sri Lankan envoy discuss economic ties with DCCI president
29 Mar 24 1 min read
Insights
- High commissioner of Sri Lanka to Bangladesh accompanied by counsellor/commerce of the high commission held a meeting with the newly appointed DCCI president.
- DCCI president appreciated close bilateral economic cooperation between two countries and emphasised importance of further expanding mutual partnership in bilateral trade and investment sectors.
During the meeting, DCCI president Ashraf Ahmed commended the close bilateral economic cooperation between BAngladesh and Sri Lanka even as he stressed the importance of expanding mutually beneficial partnerships in bilateral trade and investment.
The DCCI assured continuous support for arranging B2B meetings, seminars, and related activities to promote bilateral economic relations.
High commissioner Dharmapala Weerakkody on his part emphasised the proposed Preferential Trade Agreement (PTA) between the two countries. He stated that fostering two-way trade and tourism cooperation are key priorities for Sri Lanka in enhancing economic ties with Bangladesh.
- Sri Lanka foresees $3bn investment influx this year
- Energy efficiency key to $460mn cut in Bangladesh’s LNG bill: IEEFA
- Inflation in Bangladesh drops slightly to 9.74% in Apr; non-food 9.34%
- Bangladesh-Bhutan trade doubles with PTA: Reports
- IMF deal brings stability to Sri Lanka; growth in focus now: President
- Bangladesh exporters hail weaker taka, experts want end to cash sops
Weerakkody noted the significant demand in Bangladesh markets for Sri Lankan products such as spices, virgin coconut oil, and animal feed. He also highlighted Bangladesh as a preferred destination for Sri Lankan companies seeking to expand through foreign investments.
Both parties agreed to exchange business delegations to further boost bilateral economic cooperation.
Fibre2Fashion News Desk (DR)
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