Bilateral trade between Sri Lanka and China crossed the US$4 billion threshold for the first time said Sri Lanka’s Industry and Commerce Minister Rishad Bathiudeen.
Speaking at the inauguration of the second China Products Exhibition (CPE) in Sri Lanka, Mr Bathiudeen commended the Imminent Free Trade Agreement (FTA) between the two nations adding,
“There is a six fold trade growth within a decade – and this trend would grow further as both countries move towards the proposed FTA.”
The trade between the two countries has risen by over 12% in the last two years. Ninety-thee percent of the trade were imports from China reports Colombo Page.
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