MoU signed to foster trade ties

A meeting between the business communities of Sri Lanka and Kazakhstan was held in Astana yesterday with emphasis on promoting closer relations in the field of trade. The meeting was organised by the Chambers of Commerce of Sri Lanka and Kazakhstan.

President Mahinda Rajapaksa and a large number of businessmen representing the two countries participated in this forum where the two Chambers entered into a Memorandum of Understanding on bilateral trade promotion.

Under this MoU, the two Chambers will strive to maintain a conducive environment for businessmen to indulge in trade between the two countries.

The MoU is also aimed at promoting commercial, industrial and service sectors between the two countries. The two Chambers will also act as facilitator for holding exhibitions and seminars aimed at promoting trade relations between the two countries.