(UDHAYAM, COLOMBO) – The Government announced today (23rd Thursday) that it requires improving Sri Lanka’s exports by tapping new markets.
Minister of International Trade Malik Samarawickrama informed the Parliament that Sri Lanka needs to look into new markets as the traditional markets have not helped Sri Lankan exports grow.
The Minister said that in order to achieve this Sri Lanka will be turning towards China, Singapore, Japan and Korea to improve Sri Lankan exports.
Sri Lanka is to soon sign Free Trade Agreements with China and Singapore and discussions on these deals are expected to be finalized this year.
Minister Samarawickrama went on to say that Sri Lanka will also sign a trade deal with Pakistan and an economic and technological agreement with India.
