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SL – China sign 2 MoUs in Colombo

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China and Sri Lanka have taken steps to deepen economic and trade cooperation, signing key agreements and exploring additional investment opportunities during the eighth meeting of the China-Sri Lanka Joint Trade and Economic Commission held on May 29th in Colombo, the Chinese embassy in Sri Lanka says.

“China’s Commerce Minister Wang Wentao and Sri Lankan Minister of Trade, Commerce, Food Security and Co-operative Development Wasantha Samarasinghe co-chaired the meeting, during which both sides exchanged in-depth views on advancing high-quality Belt and Road Initiative cooperation, expanding trade and investment, and safeguarding the multilateral trading system,” the embassy’s X account states.

Two 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 embassy adds.

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