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Monday, 09 April 2012 - 8:05
SL & Vietnam to boost trade ties
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Officials said Sri Lanka and Vietnam can boost bi-lateral trade by opening trade with a few items, and promoting interaction by reciprocal arrangements to participate in trade fairs.

During a visit of Vietnam's President to Sri Lanka last year, the leaders of the two countries had set a target of a billion US dollars in trade.

Vietnam's ambassador to Colombo Ton Sinh Thanh told an economic forum in Colombo that the two countries should start work on a preferential trade agreement to reach the target.

He said a start could be made by identifying 10 to 20 items of "most promising products for export from each country" from which import duties will be waived.

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