“Ports of Colombo and Hambantota are vital for Sri Lanka’s economy and the Port of Chittagong is of great importance to the economy of Bangladesh. Highlighting Sri Lanka- Bangladesh trade growth, Minister Bathiudeen added: “In the past few years bilateral cooperation between Sri Lanka and Bangladesh has been strengthened by friendly visits of high level official delegations. For example, Sri Lanka’s bilateral trade with Bangladesh has been on a growing trend. Bangladesh is Sri Lanka’s 19th exports destination while from Bangladeshi side, Sri Lanka is their 53rd exports destination. Among the multilateral and regional fora where Sri Lanka and Bangladesh have been cooperating with each other are the UN, SAARC, BIMSTEC, and the Indian Ocean Rim Association (IORA).

Source: Sunday Times March 27, 2018 08:48 UTC