Momen for enhancing business link with Sri Lanka

Published : 06 Sep 2019, 12:22

Sahos Desk

Foreign Minister Dr A K Abdul Momen has emphasized signing a ‘Coastal Shipping Agreement’ for enhancing trade and commerce links between Bangladesh and Sri Lanka.

He came up with the importance while holding meeting with his Sri Lankan counterpart Tilak Marapana on the sidelines of the IORA Blue Economy Ministerial Conference at the Hotel Intercontinental here yesterday, a press release said.

During the meeting, they discussed various areas of bilateral cooperation between the two countries, with particular focus on enhancing business connectivity.

The Bangladesh foreign minister highlighted the potential of importing quality and affordable pharmaceuticals products from Bangladesh to Sri Lanka.

Momen stressed signing of the agreements on Promotion and Reciprocal Protection of Investment, Avoidance of Double Taxation and Cooperation on Customs Matters for further safeguarding and encouraging investments in a win-win manner.

Agreeing with the Bangladesh side, the Sri Lankan foreign minister informed that a business delegation from his country is scheduled to visit Bangladesh in mid-September to discuss further business enhancement opportunities.

Marapana also touched upon the potential of developing cruise tourism in the Bay of Bengal.

The Bangladesh foreign minister also sought Sri Lankan support in connection with repatriation of the more than 1 million Rohingyas from Bangladesh back to Myanmar, in safety and dignity.

He cautioned that if this situation is allowed to continue for long, it can lead to security challenges in the region.

Discussing security related issues, Momen highlighted the zero-tolerance policy of Prime Minister Sheikh Hasina against terrorism.

Source: bss

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