Sri Lanka and Russia to enhance economic cooperation

Kremlin

MOSCOW: Sri Lankan President Maithripala Sirisena has become the first Sri Lankan leader to visit Russia in forty-three years and is aiming to enhance bilateral economic relations between the two countries.

Sirisena met with his Russian counterpart Vladimir Putin yesterday.

The two Presidents referred to the 60th anniversary of the establishment of diplomatic relations between Sri Lanka and Russia, and agreed to take effective steps to ensure strong economic bilateral relations between the two countries.

The two countries signed a number of agreements to increase bilateral exchange in the fields of trade, education, defence, technology and culture.

Sri Lanka is a major exporter of tea, apparels, industrial and surgical instruments, aircraft components, coconut and retreated rubber tyres & tubes.

The main imports from Russia to Sri Lanka are base metal products, paper and paper products, non-metallic mineral products, chemicals and plastic products, electrical and electronic products, parts and machinery woven fabrics.

Tourism is another area rapidly expanding as the number of Russian tourists arriving in Sri Lanka has marked a steady increase.