Thursday, 01 June 2023 09:06

Thailand and Sri Lanka discuss ways to boost trade and investment Featured

Outgoing Thai Prime Minister Prayut Chan-o-cha welcomed his Sri Lankan counterpart Dinesh Gunawardena in Bangkok on Wednesday, saying Thailand and Sri Lanka’s bilateral ties go as far back as over 700 years.

The Sri Lankan premier is in Thailand to attend the two-day celebrations marking Vesak or Visakha Bucha in Thai, which commemorates the birth, enlightenment and death of Buddha.

 They have discussed ways and means to promote investment in the “Port City Colombo” project, saying Sri Lanka can profit from Thailand’s expertise in the hospitality industry.

 Also on the agenda at discussions was on coping with global geopolitical tensions as well as Sri Lanka’s ongoing problems.

Prayut said Thailand is ready to share its knowledge on subjects like public health, agriculture, tourism, the bio-circular-green economy initiative and other know-how that should help pull Sri Lanka out of its economic doldrums.

PM Gunawardena is expected to return to Thailand at the end of this year to attend the BIMSTEC Summit.

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