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* Sri Lanka, Uganda to enhance bilateral cooperation in trade, investment
Tue, Nov 13, 2012, 09:08 pm SL Time, ColomboPage News Desk, Sri Lanka.

Nov 13, Colombo: Sri Lanka and Uganda today agreed to enhance the bilateral relations between the two countries in many sectors, especially in trade and signed five agreements to expand bilateral cooperation.

Sri Lankan President Mahinda Rajapaksa today welcomed the Ugandan President Yoweri Museveni, who arrived in Sri Lanka on Monday for a two-day official visit on an invitation extended by the President.

During bilateral discussions held at the Presidential Secretariat in Colombo this morning the two leaders discussed mutual trade and investment between the two countries.

Pointing out the need to significantly enhance trade between the two countries, President Rajapaksa said Sri Lanka appreciates the support extended by Uganda in the international fora, particularly at the UN Human Rights Council and pre-CHOGM Foreign Minister's meeting in Perth last year.

The Ugandan President congratulating President Rajapaksa for bringing peace to Sri Lanka assured Uganda's continued support for Sri Lanka at international fora.

Commenting that Lanka has a vibrant private sector President Museveni invited Sri Lanka to invest in Uganda, which is rich in mineral and other natural resources.

President Museveni has sought more Sri Lankan investment and expertise to set up more hydropower projects in addition to the three mini hydropower projects operated in his country by Sri Lankan investors.

He has also expressed willingness to share Sri Lanka's knowledge and experience in the apparel sector, and was looking forward to seeing the development in this sector.

President Rajapaksa has said that Sri Lanka can assist Uganda in developing human resources through establishing a Vocational Training and Technical training institute in Uganda.

The two leaders have also discussed to establish air links between the two countries and the President has accepted a proposal made by the Ugandan President to open a Sri Lankan mission in Kampala.

President Museveni has said that he is looking forward to visit Sri Lanka at the next CHOGM in 2013.

Following bilateral discussions, the two countries signed five agreements covering technical training, economic, commercial and technical cooperation, tourism cooperation, bilateral political consultation and culture.

Senior Minister for International Monetary Co-operation and the Deputy Minister of Finance and Planning Dr. Sarath Amunugama and the First Lady and Minister of Karamoja Affairs Janet Kataha Museveni signed the agreements to establish a vocational training center in Uganda.

Minister of External Affairs Prof. G. L. Peiris and First Lady of Uganda signed three agreements on economic, commercial and technical cooperation, tourism cooperation and political consultation while Minister of Culture and Arts T. B. Ekanayake signed the agreement on cultural cooperation.

(Photos by Sudath Silva)



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