Sri Lanka PM’s visit seeks to step up cooperative fields
Monday, April 17,2017AsemconnectVietnam - Sri Lanka’s Prime Minister Ranil Wickremesinghe and his spouse will pay an official visit to Vietnam from April 16-19 at the invitation of Prime Minister Nguyen Xuan Phuc.
The visit looks to ratchet up cooperative fields of Sri Lanka’s interest, including trade, investment, telecommunications, fish farming, machinery manufacturing, and the production of building materials.
The two sides’ leaders will discuss international and regional issues of shared concern.
Vietnam and Sri Lanka set up their diplomatic ties in 1970 and they have developed a sound friendship and multi-dimensional cooperation through the exchange of high-level visits and the establishment of friendship associations and bilateral cooperation mechanisms.
In recent years, trade between the two countries has grown significantly, reaching 192 million USD in 2015 and 325.6 million USD in 2016.
The two sides established a sub-committee on joint trade within the framework of their joint committee in August, 2014, and agreed on the early negotiation and signing of a preferential trade agreement, with the aim of accelerating commercial activities.
The countries have identified investment promotion areas, with Vietnam’s garment and textile, rubber, electricity-electronics, farm produce processing, foodstuff, and gem stone and jewelry making and Sri Lanka’s telecommunications, agriculture machinery manufacturing, aquaculture, oil and gas production, and plastics and construction materials making.
By the end of 2016, Sri Lanka had 15 operating investment projects capitalized at
83.77 million USD in Vietnam, ranking 48th among foreign investors.
The countries have enjoyed productive collaboration in agriculture and fisheries with Vietnam helping Sri Lanka with techniques, personnel training and plan design in aquaculture. Sri Lanka has favoured Vietnam in oil and gas production.
Sri Lanka has a rich pool of experience in judicial matters and international law and is willing to assist Vietnam, especially in the application of the 1982 Convention on the Law of the Sea. The countries signed agreements on education and justice cooperation.
The two countries have coordinated efficiently at regional and international forums. Sri Lanka has recognized Vietnam as a full market economy and affirmed support for Vietnam’s candidacy for a seat in the UN Security Council (2020-2021) and the UN Economic and Social Council (2016-2018).
The two sides’ leaders will discuss international and regional issues of shared concern.
Vietnam and Sri Lanka set up their diplomatic ties in 1970 and they have developed a sound friendship and multi-dimensional cooperation through the exchange of high-level visits and the establishment of friendship associations and bilateral cooperation mechanisms.
In recent years, trade between the two countries has grown significantly, reaching 192 million USD in 2015 and 325.6 million USD in 2016.
The two sides established a sub-committee on joint trade within the framework of their joint committee in August, 2014, and agreed on the early negotiation and signing of a preferential trade agreement, with the aim of accelerating commercial activities.
The countries have identified investment promotion areas, with Vietnam’s garment and textile, rubber, electricity-electronics, farm produce processing, foodstuff, and gem stone and jewelry making and Sri Lanka’s telecommunications, agriculture machinery manufacturing, aquaculture, oil and gas production, and plastics and construction materials making.
By the end of 2016, Sri Lanka had 15 operating investment projects capitalized at
83.77 million USD in Vietnam, ranking 48th among foreign investors.
The countries have enjoyed productive collaboration in agriculture and fisheries with Vietnam helping Sri Lanka with techniques, personnel training and plan design in aquaculture. Sri Lanka has favoured Vietnam in oil and gas production.
Sri Lanka has a rich pool of experience in judicial matters and international law and is willing to assist Vietnam, especially in the application of the 1982 Convention on the Law of the Sea. The countries signed agreements on education and justice cooperation.
The two countries have coordinated efficiently at regional and international forums. Sri Lanka has recognized Vietnam as a full market economy and affirmed support for Vietnam’s candidacy for a seat in the UN Security Council (2020-2021) and the UN Economic and Social Council (2016-2018).
Source: vov.vn
ADB appoints new country director for Vietnam
Laos, Vietnam cooperate to improve exported rubber quality
Promotion activities needed to boost Vietnam-Austria trade ties: official
Vietnam, US talk climate finance solutions
VietFood & Beverage – ProPack Vietnam 2023 to introduce over 10,000 brands
Vietnam investors urged to increase green development partnership with Malaysian peers
Vietnam, US further promote financial cooperation
Japan supports Vietnam to enhance laboratory capacity for agricultural, fisheries product testing
State Bank of Vietnam, US Treasury Department to maintain close ties
Vietnam has great potential to attract high-quality US investment: official
Vietnamese Goods Week in Thailand 2023 to showcase southern products
16th Int’l exhibition on electrical technology opens in HCM City
ASEAN Online Sale Day 2023 to take place in August
Netherlands, UNDP team up to accelerate circular economy in Vietnam
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...