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Sri Lanka for stronger ties with Bangladesh to boost trade

IANS  |  Colombo 

has called for stronger maritime and air links with to boost bilateral trade and investments between the two nations, the said on Tuesday.

The Ministry said that while the ports of Hambantota and Colombo were of vital importance to the maritime industry due to their strategic locations in the Indian Ocean, there could now be strong linkages between these ports and the in to facilitate shipping, tourism and investments, reported.

In addition, the Ministry said more frequent direct air links between Colombo and too shall strengthen economic cooperation, investment promotion, tourism and people-to-people contacts.

"Expansion of air links would bring more opportunities to entrepreneurs and investors of the two countries," said

"As neighbouring members of the region, both countries have many commonalities. Our common cultural affinities and historical links have immensely nourished our modern day inter-state relations," Bathiudeen added.

He said that in recent years, Sri Lanka's bilateral trade with saw a surge.

In 2017, apparels, and were Sri Lanka's leading exports to Bangladesh.

--IANS

and/soni/mr

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 27 2018. 17:20 IST
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