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President Ranil Wickremesinghe mentioned that the Free Commerce Settlement could be revived and upgraded right into a complete financial and technological partnership.
He identified Sri Lanka and India step by step need to wean themselves out of the obstacles to funding and the non-tariff obstacles to commerce particularly in relation to Sri Lanka Indo financial relations.
The President additionally mentioned that they may give attention to the Indo-Sri Lanka tasks that have been delayed on the Sri Lankan finish.
He made these observations addressing the Sri Lanka India Society (SLIS) get-together held on the Taj Samudra Resort in Colombo on Thursday (15) night to mark the seventy fifth anniversary of independence of India.
“So this is step one that can pave the way in which. It additionally signifies that we needed to take away the purple tape. We’re taking a look at restructuring our establishments of getting of taking a look at a separate ministry which can cope with ease of doing enterprise competitiveness on the identical time, to look ahead to the completely different commerce agreements that we are going to come to. So there’s scope for the Sri Lanka and India to get collectively and have a look at their completely different areas for example, logistics, renewable power, tourism, commerce, I.T. There are various, many areas which we will work collectively and we should always work collectively for the advantage of our two international locations,” the President mentioned.
“Secondly, we’re taking a look at all of the tasks which India and Sri Lanka had agreed to, however sadly it had bought delayed on the Sri Lankan finish. So I’ve requested my chief of employees who’s right here to work on it, and I noticed him right this moment surrounded by completely different officers explaining why they couldn’t do it. So I presume after a while we come to the stage, they may inform us that we are going to do it,” he added.
First Woman Senior Professor Maithree Wickremesinghe, Minister of International Affairs Ali Sabry, Excessive Commissioner of India to Sri Lanka – Gopal Baglay, SLIS President – Kishore Reddy, Chief of Workers to the President and Senior Advisor to the President on Nationwide Safety Sagala Rathnayake additionally participated within the occasion.
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