Trade, investment issues beween Nepal and Srilanka discussed

KATHMANDU, DECEMBER 21: Matters concerning trade, investment and mutual concerns, and interests were discussed during the Nepal-Sri Lanka ministerial-level meeting. During a meeting of the Nepal-Sri Lanka Joint Commission here today, topics relating to trade, investment increase, expansion of air connectivity between the two countries, promotion of cooperation in culture, tourism and education sector, strengthening of SAARC and BIMSTEC and cooperation in the regional and multi-sectoral forums were discussed, according to the Ministry of Foreign Affairs.

Foreign Minister Narayan Prakash Saud led the Nepali delegation and Sri Lankan Minister for Foreign Affairs M U M Ali Sabry headed the delegation from Sri Lanka in the meeting. On the occasion both sides expressed satisfaction over the launch of the Kathmandu-Colombo air service, discussing the plan to connect Colombo and Lumbini by air.

The Ministers exchanged views on the consequences of climate change both countries experience. They insisted on the need for primary mobilization of the Climate Justice Fund and the Climate Impact Fund, and the promotion of regional and international cooperation, it is said.