At a reception held by Prime Minister Nguyen Xuan Phuc, the two prime ministers agreed upon the new trade turnover target and underlined the need to maintain peace and stability in the East Sea.
During talks, Sri Lankan Prime Minister Ranil Wickremesinghe and PM Phuc reiterated their determination to boost relations between the two nations. The two PMs agreed to boost collaboration in defense and share information and experiences in legislation, combating cross-border crime, addressing the consequences of wars, and participating in UN peacekeeping activities.
In term of trade and investment, the two sides pledged to foster further links. The two leaders underscored the importance of stepping up aviation links as a way to promote trade, tourism and cultural exchanges. They vowed to co-operate at regional and international forums, while strengthening links between ASEAN and the South Asian Association for Regional Co-operation.
The two sides emphasized the significance of maintaining peace and stability in the East Sea as well as navigation and aviation safety, and removing trade barriers and settling disputes and differences via peaceful means and in line with international law.
“We've agreed to achieve two-way trade target of 1 billion USD in the years to come and create favorable conditions for businesses and investors of both nations, especially in some new fields such as telecommunications and milk production. Vietnam and Sri Lanka have a relationship of nearly 50 years. I believe that it will develop further to a new level”, PM Nguyen Xuan Phuc said.
After the talks, the two prime ministers witnessed the signing of co-operation agreements on agricultural development in 2017-2019, and education for the 2017-2021 period. The Sri Lankan leader thanked the Vietnamese government and people for the welcome and invited PM Nguyen Xuan Phuc to visit Sri Lanka.