Wednesday, 19 March 2014 - 13:22
Initiative to jumpstart Palestine - SL trade
Minister of Industry and Commerce Rishad Bathiudeen says that the recent visit of President Mahinda Rajapaksa to Palestine has further enhanced and strengthened relations between the two countries, introducing Sri Lankan economy to Palestinian viewers.
However, the Minister added that bilateral trade, between the two countries is low and almost negligible, and that this shows that there is very strong unrealised trade potential at both ends.
Minister Bathiudeen added he’s interest to create a "Sri Lanka - Palestine Joint Investment Forum" to increase bilateral trade.
He believes that they can work to establish such a mechanism which is a promising starting point for both partners.