Indonesian President Joko Widodo has stressed the need to finalize the Preferential Trade Agreement (PTA) with Sri Lanka by the first quarter of 2025 to enhance economic ties between the two countries.
The Indonesian President made the remarks when he met with President Ranil Wickremesinghe who is attending the 10th World Water Summit in Indonesia.
Widodo also highlighted Indonesia's interest in entering the Sri Lankan vaccine market through Indonesian pharmaceutical companies, and called for the lifting of import restrictions on Indonesian palm oil and related products.
President Wickremesinghe and Indonesian President Widodo reaffirmed their commitment to strengthening the longstanding relationship between their nations. The discussions, which covered a wide range of regional and international issues, underscored the importance of collaboration in addressing global challenges.
President Wickremesinghe, in his opening remarks, highlighted the historical ties between Sri Lanka and Indonesia, dating back to their joint participation in the 1956 Bandung Conference.
He expressed appreciation for President Widodo's leadership in regional, international, and bilateral matters, noting the importance of such summits in fostering global cooperation.
A major topic of discussion was the critical issue of water management. President Wickremesinghe emphasized the importance of the World Water Summit and expressed Sri Lanka's willingness to participate in the Global Blended Financial Alliance, an initiative aimed at addressing common financial challenges faced by countries in managing water resources.
He commended Indonesia for establishing a Secretariat for the Alliance, recognizing its significance for Sri Lanka.
Two school girls were killed after the car driven by their father crashed on to a lorry on the southern expressway, a coroner’s court inquiry was told today in Galle.
The Finance Ministry has released full details of the removal of the suspension on Importation of Motor Vehicles.
Sri Lanka Customs has introduced an online portal to verify the authenticity of legally imported vehicles. This platform empowers the public to confirm vehicle legality by entering the chassis number and vehicle registration number into the portal.
Speaker Ashoka Ranawala whose educational qualifications have been questioned has decided to step down from the post of Speaker
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