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Thailand eager on FTA with Sri Lanka

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Thailand eager on FTA with Sri Lanka

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Regardless of the financial downturn in Sri Lanka, Thailand remains to be eager to formulate a Free Commerce Settlement (FTA) with Sri Lanka, stated Thailand Ambassador to Sri Lanka, Poj Harnpol.

He was talking at a seminar on “Bilateral Commerce and Funding between Thailand and Sri Lanka” hosted by the Nationwide Chamber of Commerce at its auditorium on Thursday.

He stated that the dialogue on this regard is happening and either side, Sri Lanka and Thailand are eager to maneuver to the subsequent step within the negotiations.

The Ambassador stated that Thailand, which has a really progressive agri sector utilizing trendy expertise, is eager to assist Sri Lanka to develop its agri sector.

Strengthening bilateral commerce and funding between Sri Lanka and Thailand was mentioned intimately at this occasion.

A few of Sri Lanka’s main export objects to Thailand embody valuable stones (aside from diamonds) and semi-precious stones, knitted or crocheted materials, wheat or meslin flour, attire, activated carbon, printed books, newspapers, photos and different merchandise of the printing trade.

He stated that Sri Lankan corporations also needs to actively promote native gems in Thailand and the perfect alternative to do that is to attend common mega gem and jewelry reveals hosted in Thailand.

Sri Lanka’s main Import Gadgets from Thailand embody plastics and articles thereof, smoked sheet rubber, boilers, equipment and mechanical home equipment, fish, dried, salted or in brine, knitted or crocheted materials, pure rubber, white crystalline cane sugar, Portland cement, iron and metal, man-made filament, self-propelled bulldozers, mechanical shovels, excavators, man-made staple fibre, petroleum oils and oils obtained from bituminous minerals, aside from crude, ready animal fodder, preparations of cereals, flour, starch and milk.

President of the Nationwide Chamber Nandika Buddhipala outlined the financial background in Thailand and commerce and funding alternatives between the 2 international locations.

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