Trade agreements with China, India and Singapore by year-end

Our correspondent

Colombo—Trade agreements with China, India and Singapore currently under discussion would be signed by the end of the year. Addressing the journalists in Colombo Development and Strategists and International Trade Minister Malik Samarawickrema said there had been a positive response from China, India and Singapore and the agreements if implemented would bring huge benefits and job opportunities to Sri Lanka. According to the minister, China is looking for land as big as 50 square kilometres for an industrial estate where one million jobs would be generated.
The agreements with India, China and Pakistan would provide companies located in Sri Lanka preferential access to a market about three billion people, headded. Meanwhile Sri Lanka ha started talks with Chinese investors on the$ 10 billion Hambantota Economic Project to be implemented in the southern region of the island.

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