Sri Lanka hopes to draft economic pact with India this year
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
New Delhi
SRI Lanka hopes to hammer out an economic partnership deal with India this year, Prime Minister Ranil Wickremesinghe said on Tuesday, seeking to strengthen the island's ties with its big neighbour and reduce its dependency on Chinese investment.
Mr Wickremesinghe, in New Delhi on his first visit abroad since winning a general election last month, said voters had given his government of national unity a mandate for trade and investment with India. "We are looking at a permanent agreement on cooperation on economic affairs - trade, investment and technology - which is essential for development," he said after meeting Indian Prime Minister Narendra Modi.
Share with us your feedback on BT's products and services
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
