23rd May 2011, www.wam.ae
Foreign trade Minister Sheikha Lubna Al Qasimi discussed here today at the ministry with Sri Lankan Minister for Trade and Industry Rashad Badi Al-Din, the bilateral relations and ways to boost them in the areas of trade and investment.
The two sides discussed ways to bolster business communities in both countries to benefit from potential opportunities. They praised the progress of the bilateral relations, especially in the field of trade, citing that the trade between the two countries grew by 9.3 per cent last year to $364 million.
Sheikha Lubna stressed the keenness of the UAE to boost the trade with Sri Lanka, indicating that both countries enjoy a variety of cooperation opportunities. She referred to the importance of encouraging the private sector in both countries to benefit from the economic opportunities.
For his part, the Sri Lankan minister stressed the keenness of his country to boost joint cooperation, and benefit from the successful UAE developmental experience.
Related Info :
• UAE Foreign Trade Minister to Visit Sri Lanka with a High Powered Business Delegation