Director General of the fisheries department M C L Fernando said the decision was taken after a series of consultations among local fisheries associations.
Sri Lanka’s position would be conveyed to Indian fisheries associations in Chennai through the Foreign Affairs Ministry.
The talks between fisheries associations of the two countries were held on a proposal by India’s Prime Minister Narendra Modi.
Sri Lanka’s position was reached at a special meeting of the National Fisheries Federations on Friday following a collective decision by the fisher folk leaders in the Northern and Eastern Provinces.
Director General of the department M C L Fernando stated that as a result of Indian Fishermen fishing in Sri lankan waters, the country loose nearly 1 billion rupees per day.