Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Bangladesh to sign free trade agreement with Sri Lanka soon
Sun, Feb 12, 2017, 08:22 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 12, Dhaka: A free trade agreement (FTA) between Bangladesh and Sri Lanka is currently being discussed to boost the bilateral trade and the governments will sign the agreement soon, Bangladesh Commerce Minister Tofail Ahmed has said.

"The proposal is now being discussed at the secretary level," he said after meeting Sri Lanka's High Commissioner in Dhaka Yasoja Gunasekara on Sunday, Dhaka Tribune reported.

Tofail said the FTA deal would allow Bangladesh use the Colombo port that would save three days for local importers or exporters.

"We will be able to export pharmaceuticals, paper and cement at low import duties after the FTA is signed," he added.

High Commissioner Gunasekara said the deal would help increase bilateral trade between the two countries.

Despite the friendly relations, bilateral trade volume between Bangladesh and Sri Lanka was just $75.45 million in 2015-16. Bangladesh imports from Sri Lanka were worth only US$ 45.016 million as against US$ 30.45 million exports to Sri Lanka. Since 2012-13, the trade balance has been in Sri Lanka's favor.


ColomboPage - Recent 10 Stories ::
UN, Sri Lanka jointly present #SDGDataLK, first national symposium on data for SDGs
-- [31 minutes ago]
Leesons Hospital installs world’s most advanced cardiac 640 slice CT scanner
-- [57 minutes ago]
Court orders to produce Lalith Weeratunga's visa permit in court to grant approval for overseas travel
-- [1 hour and 13 minutes ago]
First female Mayor of Colombo Rosy Senanayake takes reins of the Sri Lankan capital city
-- [1 hour and 38 minutes ago]
Dialog Axiata Group partners with Orion City to build Sri Lanka's first-ever High Density Data Centre
-- [2 hours ago]
Establishment of Local Government Institutions from today
-- [2 hours ago]
No legal basis to approach ICJ against Sri Lanka, Indian government tells Madras court
-- [4 hours ago]
Sri Lanka's tea production recovers in 2017, up by 5 percent
-- [4 hours ago]
Sri Lankan Tourism Minister hopeful of exceeding tourist arrival target this year despite travel advisories
-- [5 hours ago]
Sri Lankan President says people need to identify politicians who only think of power not the country

Copyright © 2000, 2016 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, 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, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.