Minister of Development Strategies & International Trade Malik Samarawickrama visited New Delhi from July 4-5, 2016 on the invitation of the Minister of Commerce and Industry of India Nirmala Sitharaman.
He also held consultations with Minister of External Affairs Sushma Swaraj, Minister of Petroleum and Natural Gas Dharmendra Pradhan and Minister of State for Railways Manoj Sinha. In addition, he met a representative group of CEOs of leading Indian companies.
Ministers Sitharaman and Samarawickrama discussed how trade between the two countries could be increased and become more balanced for Sri Lanka, including through bilateral arrangements for trade, investment, technology and training.
They also requested the respective officials of the two countries to continue negotiations on the proposed Economic and Technology Cooperation Agreement (ETCA) expeditiously, for which purpose a delegation from India will be visiting Sri Lanka towards the end of July. As a means of promoting trade and investment in Sri Lanka, keeping in view of the spirit of excellent cooperation between the two countries, the two Ministers agreed to negotiate early harvest measures to coincide with the signing of the ETCA.
They also agreed to convene the reconstituted Sri Lanka – India CEOs forum at an early date. Minister Samarawickrama invited Minister Sitharaman also to visit Sri Lanka. Minister Sitharaman accepted the invitation.