Economy & Growth

Japanese delegation meets President to boost Sri Lanka–Japan trade

A high-level Japanese delegation visited Sri Lanka today (17) to discuss strengthening economic ties and advancing the Sri Lanka–Japan export-industrial corridor.

The meeting at the Presidential Secretariat followed President Anura Kumara Dissanayake’s official visit to Japan in September, during which a Memorandum of Cooperation (MoU) was signed to develop this industrial corridor.

The proposed corridor aims to attract Japanese manufacturing investments focused on export markets, especially India.

Both sides expressed renewed interest after nearly a decade, with optimism that the initiative will boost exports, industrial trade, and position Sri Lanka as a regional manufacturing hub.

The delegation included Japan’s Vice Minister for Economy, Trade and Industry, the Japanese Ambassador to Sri Lanka, and Fumihiko Kobayashi, Chairman of the Japan–Sri Lanka Business Co-operation Committee. Sri Lankan officials, including senior government and industry representatives, engaged in discussions on future collaboration.

Source - The Morning