Prime Minister proposes setting up of a joint economic council with UAE
Prime Minister Dinesh Gunawardena proposed setting up of a Joint Economic Council with United Arab Emirates to promote trade and investment cooperation between the two countries. This proposal was made when UAE Minister of State of Economic & Trade Affairs of the Foreign Ministry Ahmed bin Ali Sayegh called on him at the Temple Trees in Colombo on October 11.
The UAE Minister agreed that official negotiations should be commenced soon for finalizing Cooperation of Economic Partnership Agreement for enhancing economic ties as there is immense potential in trade, energy, hospitality and tourism spheres as well as for increasing investments in renewable energy projects in Sri Lanka.
The Prime Minister said UAE has MORE >>