Sri Lanka, China to expedite signing of comprehensive FTA



Sri Lanka, China to expedite signing of comprehensive FTA

Sri Lanka and China have expressed commitment to advancing all major development projects, including the integrated development of the Colombo Port City and Hambantota Port, and expedite the signing of a comprehensive free trade agreement.

During Sri Lankan President Anura Kumara Dissanayake’s state visit to China recently, both sides issued a joint statement that outlined the signing of a Belt and Road cooperation plan aimed at opening new avenues for successful development.

Sri Lanka and China are committed to advancing major development projects, including the integrated development of the Colombo Port City and Hambantota Port, and expedite the signing of a comprehensive FTA.
During President Anura Kumara Dissanayake’s visit to China recently, a joint statement outlined the signing of a Belt and Road cooperation plan to open new avenues for successful development.

The joint statement emphasised the swift implementation of the agreed debt restructuring plan with Chinese financial institutions.

China reiterated that it will respect and support Sri Lanka in independently choosing a development path suited to its national conditions.

Both sides agreed to work together actively on climate change.

China will work with Sri Lanka to implement the Luban Workshop to good effect and nurture more professionals through vocational and technical training for Sri Lanka.

They sides will continue to work in and develop the China-Sri Lanka Joint Centre for Education and Research under the Chinese Academy of Sciences, and strengthen scientific and technological exchanges and cooperation and education in the universities and research institutes of the two countries.

Fibre2Fashion News Desk (DS)




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