Vietnam, Sri Lanka expect to sign Trade Agreement

Vietnam’s Foreign Minister Pham Binh Minh met with his Sri Lankan counterpart, Gamini Lakshman Peiris, on July 17 during the latter’s official visit to Vietnam from July 16-18 and unanimously agreed to sign a joint Preferential Trade Agreement in the near future.

Both the foreign ministers expressed their pleasure at the development and cooperation between the two countries in various fields like policy agreements, security, national defense, economy, trade, investment, oil and gas, culture and education.

Last year’s trade turnover between the two countries had touched US$100 million and both the foreign ministers expected this to reach US$1 billion by 2015.

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