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* Sri Lanka to sign possible MoU with Bangladesh next month on drug imports
Thu, May 15, 2014, 01:03 pm SL Time, ColomboPage News Desk, Sri Lanka.

May 15, Dhaka: Sri Lanka is expected to sign a Memorandum of Understanding (MoU) with Bangladesh on importing pharma drugs from that country.

The MoU is expected to be finalized during the visit of Sri Lanka's Minister of Health Maithripala Sirisena to Dhaka in June, according to a report in Bangladesh Internet newspaper

Bangladeshi Foreign Minister Abul Hasan Mahmood Ali has said that the text of the MoU for exporting pharmaceutical products and surgical equipment had been finalized when Sri Lanka's outgoing Ambassador to Dhaka WA Sarath K Weragoda called on him at his office.

The minister has told the ambassador that they would gain enormously from Bangladesh's quality and cheap drugs.

Sri Lanka Health Minister last September advised officials to purchase necessary pharmaceuticals from Bangladesh companies to avoid a drug shortage in the island following a ban on purchasing pharma drugs from four Indian pharmaceutical companies due to quality issues.

The Ambassador and the Bangladeshi Foreign Minister have also discussed several other bilateral issues including increasing the trade between the two countries.

Foreign Minister has sought Sri Lanka' support for Bangladesh's candidatures for the Human Rights Council for 2015-2017, and International Telecommunication Union for 2015-2018.

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