Sri Lanka will sign an economic cooperation agreement with South Korea during President Maithripala Sirisena’s official visit to that country next month, the Government said.
A proposal has been made to sign an Economic Cooperation Agreement on Investment Partnership, Trade Relations, Tourism Promotion and Industrial Cooperation etc. with the Republic of Korea.
South Korea has achieved an incredible growth in the economic and the technical fields over the past several decades, and is considered a leading country in the technology sector of the global market.
The Cabinet of Ministers at its meeting this week, approved a proposal made by Development Strategies and International Trade Minister Malik Samarawickrama to sign this agreement during the official visit of the President to the Republic of Korea scheduled to take place at the end of November.