India says its free trade agreement with Sri Lanka will benefit from future development activities on the island

The Indian High Commissioner for Sri Lanka Taranjit Singh Sandhu said the signing of the Free Trade Agreement between India and Sri Lanka would strengthen the ongoing development activities on the island.

Taranjit Singh, who was appointed the new High Commissioner of India in Sri Lanka, expressed this view when he met Finance Minister Ravi Karunanayake, Finance Ministry on Thursday 02 February.

The Indian High Commissioner, Taranjit Singh Sandhu, told the Minister of Finance at the meeting that strengthening bilateral relations between India and Sri Lanka is of the utmost importance for both countries. He said India is waiting for both countries to sign the proposed free trade agreement without further delay.

The High Commissioner said that the free trade agreement would bring many privileges to Sri Lanka and said that his country had drawn attention to further diversifying existing Indian projects on the island.

The High Commissioner Taranjit Singh also said that Sri Lanka has taken a step forward in its economic development efforts and that India is ready to assist Sri Lanka in its future development efforts.

In response to the Indian High Commissioner, Finance Minister Ravi Karunanayake said that the assistance provided by neighboring India is highly appreciated by Sri Lanka.

The minister also said that the international community, including the most powerful countries in the world, has agreed to help Sri Lanka in its forthcoming march ahead of the transparent foreign policy of His Excellency President Maithripala Sirisena and President Honorable Premier Ranil Wickremesinghe.

The Deputy High Commissioner for India in Sri Lanka, Arindam Bagchi, also attended the meeting.








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