Govt. to review FTA with China : Malik

7 June 2018 08:58 am Views - 3305

The Sri Lankan government will hold ministerial level talks with China to review and iron out contentious issues in the proposed Free Trade Agreement (FTA) between the two countries, Development Strategies and International Trade Minister Malik Samarawickrama said.

He told Daily Mirror yesterday he would seek a meeting either in Beijing or here in August to discuss how to proceed with the FTA with China.

"We have made representations to the Chinese government and are awaiting its response," he said.

The FTA was initiated by the Rajapaksa regime. The two sides also appointed negotiating teams. However, there was a change after the new government took office in 2015.

Sri Lanka has already pledged its support to China’s Belt and Road initiative. The government recently signed a FTA with Singapore and had held several rounds of talks with India for an Economic and Technology Cooperation Agreement (ETCA) . (Kelum Bandara)