Sri Lanka Standards Institution and the Standardization Administration of China will sign an agreement to iron out barriers in trade linked to non-tariff areas, Minister Bandula Gunawardena said.
“It has been proposed to sign a Memorandum of Understanding between the Sri Lanka Standards Institute and China’s Standardization Administration to reduce technical barriers in trade between Sri Lanka and China,”
Gunawardena said on Tuesday announcing Cabinet decisions.
The Standardization Administration of China is the standards organization authorized by the State Council of China.
“The clearance of the Attorney General and the approval of the Ministry of External Affairs have been received for the relevant draft MoU. The Cabinet of Ministers approved the proposal to sign the said MoU,” Gunawardena said.
Sri Lanka is seeking to expand on trade agreements to facilitate exports of goods and services.