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Malaysia, Sri Lanka to expand existing cooperation

byCT Report
20/12/2017
in Uncategorized
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KUALA LUMPUR: President Maithripala Sirisena and the visiting Prime Minister of Malaysia Mohd Najib bin Tun Abdul Razak agreed to expand existing close cooperation in many fields including trade and investment, agriculture, science and technology which includes Nano and bio technology, e-commerce, e-courts, international forums, military training, diplomatic training and intelligence exchange to curb drugs and human smuggling.

Three agreements were signed after the bilateral talks held between the two leaders, in which, Prime Minister Ranil Wickremesinghe and number of Malaysian and Sri Lankan ministers also participated. The bilateral meeting was held at the Presidential Secretariat, yesterday (18).

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The Prime Minister of Malaysia undertook official visit to Sri Lanka to mark the 60th anniversary of diplomatic relations between the two countries and a special stamp and a First day Cover were issued to mark this occasion.Premier Razak said bilateral trade had steadily grown in the last few years and during the first 10 months of this year, bilateral trade has reached US$680 million. However trade was heavily balanced in Malaysia’s favour.

Hence, Malaysia would explore every possibility to ensure increase of Sri Lankan exports to Malaysia, he assured.

The Prime Minister said the proposed Free Trade Agreement will be useful to further expand trade and said his ministers would take steps to speed up talks on FTA.

Malaysia has invested US$ 3.1 billion in 47 projects in Sri Lanka and Malaysian entrepreneurs are looking into many sectors of potential investments, the Malaysian Prime Minister said.

Three agreements were signed after the bilateral talks held between the two leaders, in which, Prime Minister Ranil Wickremesinghe and a number of Malaysian and Sri Lankan ministers also participated. The bilateral meeting was held at the Presidential Secretariat, yesterday (18).

The Prime Minister of Malaysia undertook this official visit to Sri Lanka to mark the 60th anniversary of diplomatic relations between the two countries and a special stamp and a First day Cover were issued to mark this occasion.

Memorandums of Understanding on Training of Diplomats and Cooperation in Foresight and Science-2-Action and Memorandum of Collaboration between Coordinating Secretariat for Science, Technology and Innovation of Sri Lanka and Malaysian Bio-economy Development Cooperation SDN BHD were signed between the two countries.

Prime Minister Ranil Wickremesinghe, Ministers John Amaratunga, Tilak Marapana, Rajitha Senaratne, Susil Premajayantha, Malik Samarawickrema, Gayantha Karunatilake and Thalatha Athukorale, Secretaries to the President and Prime Minister and Foreign secretary and several Malaysian Ministers, Advisors and senior officials were present during the bilateral discussion.

Following the bilateral discussions President Maithripala Sirisena hosted a luncheon in honor of the visiting Prime Minister of Malaysia Mohd Najib bin Tun Abdul Razak at the President’s House in Colombo, today (18).
Prime Minister Ranil Wickremesinghe, Ministers Tilak marapana, John Amaratunga, Rajitha Senaratne, Malik Samarawickrema, Susil Premajayantha, Thalatha Athukorale and Gayantha Karunatilake were among the distinguished gathering at the luncheon.

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