Sri Lanka delegation to leave for Kuwait to revive bilateral trade

Sri Lanka delegation to leave for Kuwait to revive bilateral trade

A 13-member strong Sri Lankan official delegation led by Minister of Industry and Commerce Rishad Bathiudeen will leave for Kuwait today (October 8) to revive the bilateral trade with the second wealthiest economy in the Gulf.

The Sri Lankan official delegation led by Minister Bathiudeen comprises officials from the Ministries of Industry and Commerce, Finance, Megapolis Development, Foreign Affairs, Higher Education, as well as state agencies (Foreign Employment Bureau, Department of Commerce and Board of Investment

“We are reviving the Sri Lanka-Kuwait Joint Trade Committee after 21 years. This shall be a new turning point in the long-standing Kuwaiti-Sri Lanka relations,” Minister Bathiudeen said on 4 October in Colombo.

Minister Bathiudeen was addressing the Kuwaiti Ambassador to Sri Lanka Khalaf Bu Dhhair in Colombo during a preparatory discussion on the Second Session of Sri Lanka-Kuwait Joint Trade Committee that will open in Kuwait on 9 October.

Kuwait is the second wealthiest country (per capita income at US$ 30,000) in the Gulf region after Qatar (IMF).

According to the Department of Commerce, an Agreement on Trade between Sri Lanka and Kuwait was signed in April 1994. The First Session of Sri Lanka – Kuwait Joint Committee Meeting was held in Colombo in March 1997.

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