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Sri Lanka and UK discuss stepping up bilateral trade and investment ties

24 Jul 2020

Foreign Relations Minister Dinesh Gunawardena and the Minister for International Trade of the UK Ranil Jayawardena discussed stepping up bilateral trade and investment and expanding the areas of cooperation during a teleconference yesterday. It was the first official interaction between the two Ministers. Both Ministers welcomed further consolidating the longstanding bilateral engagement through increased trade, security, research and training, science and technology and cultural cooperation, including people-to -people contacts. In particular, Ministers Gunawardena and Jayawardena agreed on the need for close cooperation to address the challenges facing bilateral trade and investment as a result of the COVID-19 pandemic. Both identified the importance of moving the supply chains and opening travel and tourism sectors to address pressing economic issues. Opportunities for new export products to the UK market from Sri Lanka were also discussed. Recalling the shared values and interests between the UK and Sri Lanka as members of the Commonwealth, Minister Gunawardena reaffirmed Sri Lanka’s commitment to continue its active participation in the organization. Foreign Relations Minister Gunawardena extended an invitation for Minister Ranil Jayawardena to visit Sri Lanka at the earliest opportunity.

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