Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Korean Prime Minister to visit Sri Lanka to enhance economic relations
Wed, Aug 14, 2013, 12:03 pm SL Time, ColomboPage News Desk, Sri Lanka.

Aug 14, Colombo: The Prime Minister of the Republic of Korea Chung Hongwon is scheduled to visit Sri Lanka from August 28 - 30, External Affairs Ministry said in a statement.

The Korean Premier's visit is a direct follow-up to the discussions at a Summit meeting held by the Sri Lankan President Mahinda Rajapaksa with his Korean counterpart during his state visit to Seoul in April 2012.

Secretary to External Affairs Ministry Karunaratne Amunugama recently held bilateral consultations with the 1st Vice Minister of Foreign Affairs of Korea, Kim Kyou-hyun in Seoul. This meeting has been initiated by the two sides as a progress review of the President's state visit.

During the discussion, both sides have expressed satisfaction with the recent developments in bilateral cooperation and discussed ways and means of further enhancing and consolidating the economic partnership.

The External Affairs Secretary has highlighted the importance of improving trade relations in strengthening equitable economic benefits for both countries and the Korean authorities have committed to use the Asia Pacific Trade Agreement (APTA) in extending more benefits for Sri Lanka experts to reach the South Korean market.

Amunugama has emphasized using the human resources factor for strengthening the current economic capabilities and Korean authorities have agreed to extend more opportunities for education and technical capacity building for Sri Lanka students and government officers.

Pointing out that Sri Lanka expat labor community can stimulate the capacity of both economies, the Secretary has made a request to extend the quota for Sri Lanka migrant workers in Korea.

The Secretary has encouraged the Korean entrepreneurs to consider investing in Sri Lanka and has invited the participation of top business leaders of the Republic of Korea at the Commonwealth Heads of Government Meeting (CHOGM) Business Forum which would create a platform for the visiting business community to interact in a regional context as well as seeking more bilateral investment opportunities.

Amunugama also took the opportunity to explain to the Korean authorities in detail the economic resurgence taking place in the country upon the eradication of terrorism and the efforts made by the government towards national reconciliation, the Ministry statement said.

ColomboPage - Recent 10 Stories
UNP ready to bring true political and social change to the country - General Secretary
-- [5 hours ago]
Sri Lanka's main Tamil political party to get rehabilitated LTTE cadres involved in political work
-- [5 hours ago]
No significant improvement in press freedom in Sri Lanka last year, ranks 141 in World Press Freedom Index
-- [9 hours ago]
Sri Lanka must work towards creating a better future for working class - PM
Sri Lanka arrests 30 Myanmar nationals fleeing India
Police to deploy over 7500 officers to beef up security for May Day rallies tomorrow
Sri Lanka Investment and Business Conclave 2017 to kick off on May 30 in Colombo
Sri Lanka university authorities decide to suspend scholarships to undergraduates protesting and boycotting lectures
Factories in Sri Lanka asked to generate their own electricity as dry weather continues
Sri Lanka Navy to release 100 acres of land in Mullikulam for people

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.