Home breadcru News breadcru Association/Org breadcru India-Sri Lanka bilateral trade set to double by 2015

India-Sri Lanka bilateral trade set to double by 2015

04 Aug '12
4 min read

Shri Sharma also appreciated the large infrastructure projects being implemented by the Indian Companies including the PSUs in Sri Lanka such as Railway projects and the Sampur Power plant project. The Minister also highlighted that India has been among the top investors in Sri Lanka, is Sri Lanka’s largest trading partner and source of largest number of tourist arrivals into Sri Lanka.

In his remarks Mr. Rishad Bathiudeen called the signing of India Sri Lanka Free Trade Agreement in 1998 an historic milestone and underlined the synergy between Indian and Sri Lankan companies as a competitive necessity. Highlighting the resurgent Sri Lankan economy growing at a rate of over 8% during last two years, Mr. Bathiudeen invited Indian corporate sector to be part of Sri Lankan growth story.

Addressing the inaugural session, Senior Minister Dr. Sarath Amunugama conveyed the greetings of the President of Sri Lanka and on his behalf wished India Show all the success.

Ministry of Commerce & Industry

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