U.S. Chamber promotes strengthened trade with Sri Lanka
The U.S. Chamber of Commerce has formed a new working group to study ways to improve trade between the United States and Sri Lanka.
“Sri Lanka is of growing importance as a South Asian commercial hub and has consistently played a key role in supporting global trade negotiations,” Thomas Donohue, chamber president and chief executive officer, said in a statement.
The working group’s creation follows a recent chamber meeting with Milinda Moragoda, Sri Lankan Minister of Economic Reform, Science and Technology.
Sri Lanka wants to use the Trade and Investment Framework Agreement signed between the United States and Sri Lanka as a platform toward to negotiating a Sri Lanka-United States free trade agreement.