The Web Sri Lanka In Focus

Sunday 10 February 2008

Jairam Ramesh(Indian Minister of State for Commerce and Industry) to visit Sri Lanka

The Union Minister of State for Commerce and Industry Mr. Jairam Ramesh is arriving Colombo this afternoon on a five day visit to Sri Lanka. He is being accompanied by senior officials of Ministries of Commerce, Textiles and Information Technology. The Union Minister is heading a 15 member business delegation representing various sectors of Indian industry.

The high-powered delegation being headed by Mr.Jairam Ramesh is expected to discuss possibilities of enhanced investment opportunities and bilateral co-operation between India and Sri Lanka. The Indian companies, represented in the delegation include Reliance, L&T, Mahindra and Mahindra, Aditya Birla, Arvind Mills and Indian Oil Corporation.

A round table on progress, prospects, and future possibilities of bilateral co-operation will be held in Colombo tomorrow. This will be co-chaired by Mr.Jairam Ramesh and Sri Lanka's Minister for Enterprise Development Dr.Sarath Amanugama.

According to official sources the union minister, during his talks in Colombo, is likely to review the implementation of India-Sri Lanka Free Trade Agreement. He is also likely to review the current status of negotiations towards Comprehensive Economic Partnership Agreement (CEPA) proposed to be signed between the two countries later this year.

Source: newsonair.com