Sri Lanka and China are strengthening economic and trade cooperation with the signing of key agreements, the Chinese Embassy in Sri Lanka said.
“Two Memorandums of Understanding (MoUs) were signed following the talks – one on setting up a trade facilitation working group, and the other on industrial and supply chain cooperation,” the Chinese Embassy said.
China’s Commerce Minister Wang Wentao and Sri Lankan Minister of Trade, Commerce, Food Security and Co-operative Development Wasantha Samarasinghe met at the China-Sri Lanka Joint Trade and Economic Commission held recently in Colombo.
They discussed “advancing high-quality Belt and Road Initiative cooperation, expanding trade and investment, and safeguarding the multilateral trading system”.
They also explored additional investment opportunities, the Embassy said.