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Tuesday, 13 November 2012 - 20:08
Sri Lanka, Uganda to enhance bilateral trade
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Sri Lanka and Uganda look forward to enhancing bilateral trade between the two countries, with potential for a significant increase in many sectors.

During bilateral discussions with President of Uganda Yoweri Kaguta Museveni at the Presidential Secretariat in Colombo this morning President Mahinda Rajapaksa pointed out the need to significantly enhance trade between the two countries.

President Rajapaksa appreciated the support extended to Sri Lanka by Uganda in the international fora, particularly at the UN Human Rights Council and pre-CHOGM Foreign Minister's meeting in Perth last year.

The Ugandan President congratulating President Rajapaksa for bringing peace to Sri Lanka.

Pointing out that there are three mini hydro power projects in Uganda run by investors from Sri Lanka, President Museveni sought more Sri Lankan investment and expertise to set up further hydro power projects in his country.

Following bilateral discussions, five agreements covering technical training, economic, commercial and technical cooperation, tourism cooperation, bilateral political consultation and culture between Sri Lanka and Uganda were signed by Senior Minister for International Monetary Co-operation and the Deputy Finance of Finance and Planning Dr. Sarath Amunugama, Minister of External Affairs Proffesor G. L. Peiris, Minister of Culture and Arts T. B. Ekanayake.

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