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::

* Sri Lanka, China discuss beginning negotiations on proposed free trade agreement
Thu, Jul 3, 2014, 01:10 am SL Time, ColomboPage News Desk, Sri Lanka.

July 02, Beijing: Sri Lanka's Economic Development Minister Basil Rajapaksa, currently visiting China as the Sri Lankan president's special envoy, Wednesday met with the Chinese Vice Premier Wang Yang, Xinhua news agency reported.

During the discussion with the Chinese Vice Premier, the Sri Lankan Minister discussed further strengthening the trade relations between the two countries.

The Vice Premier said the Chinese government is willing to work with the Sri Lankan side to implement the consensus reached by the two presidents and deepen bilateral economic and trade cooperation.

Wang called on both sides to begin negotiation on their proposed free trade agreement as soon as possible, encourage Chinese enterprises to expand investment in Sri Lanka and strengthen the strategic partnership of cooperation between the two countries.

The proposed Sri Lanka-China Free Trade Agreement is considered as the biggest development since the famous Sino-Lanka Rubber-Rice Pact in 1952.

The trade between Sri Lanka and China has increased in the recent past, reaching US$ 3.6 billion in 2013 from US$ 1.1 billion in 2006. China has become one of the major development partners of Sri Lanka during the past, especially in the field of infrastructure projects.

ColomboPage - Recent 10 Stories
Doubts raised on Pope's visit to Sri Lanka amid snap presidential polls
-- [5 hours ago]
Opposition MPs say election materials are being prepared in Sri Lanka Port Authority Defense Training School
-- [6 hours ago]
Sri Lanka to appeal to Europe Court of Justice on lower court ruling to lift sanctions on LTTE
-- [6 hours ago]
Browns Hotels and Resorts of Sri Lanka to develop four-star hotel in Maldives
-- [9 hours ago]
India to supply two naval offshore patrol vessels to Sri Lanka - report
-- [9 hours ago]
Sri Lanka police use water cannons and tear gas to disperse university students' march
-- [9 hours ago]
Sri Lanka's Sinhala Buddhist extremist group to contest for the upcoming elections
-- [9 hours ago]
Sri Lanka External Affairs Minister defends ministry secretary against 'unfounded allegations'
Iran calls for expanding politico-economic relations with Sri Lanka
Opposition lawmakers on fact finding mission attacked in Sri Lanka

Copyright © 2000, 2014 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.