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Sri Lanka High Commissioner Moragoda interacts with commercial diplomats

By FnF Correspondent | PUBLISHED: 17, May 2023, 19:09 pm IST | UPDATED: 17, May 2023, 19:12 pm IST

Sri Lanka High Commissioner Moragoda interacts with commercial diplomats New Delhi: Continuing his efforts to further expand engagement with the concurrently accredited Missions in New Delhi, Sri Lanka’s High Commissioner to India, Milinda Moragoda had an interactive session with the New Delhi based Trade Commissioners/ Commercial Diplomats concurrently accredited to Sri Lanka today at the High Commission premises.

The interactive session was attended by Trade Commissioners/ Commercial Diplomats from Austria, Belgium, Denmark, Chile, Finland, Hungary, Mexico, Norway, Poland, Spain, and Sweden. The purpose of the meeting was to discuss ways to enhance trade and economic relations between Sri Lanka and these countries.

During the meeting, High Commissioner Moragoda provided the participants with an update on the Extended Fund Facility (EFF) Arrangement with the International Monetary Fund (IMF), as well as the Indian Rupee trade and the planned economic integration with India. The discussion covered a broad spectrum of topics related to trade and commerce, with a particular focus on promoting economic recovery in Sri Lanka, including through trilateral cooperation with the involvement of India.

The High Commissioner's presentation provided insights into the current economic landscape and the steps being taken to improve the country's financial outlook. The participants were able to gain a deeper understanding of the challenges faced by Sri Lanka and the strategies being employed to overcome them.

High Commissioner Moragoda emphasized the importance of building strong partnerships and collaborations to promote economic growth and development. He also highlighted the potential for increased trade, investment and tourism between Sri Lanka and the participating countries.