The Cabinet of Ministers on Monday reviewed and considered the discussions on presented by President Ranil Wickremesinghe, indicating significant progress in the proposed

The second trade discussion committee meeting concerning the ISLPTA took place on 15 and 16 July 2024, in Colombo.

The meeting marked a crucial step towards strengthening economic ties and enhancing trade relations between Indonesia and Sri Lanka.

“The proposed agreement aims to boost bilateral trade by reducing tariffs, increasing market access, and fostering closer economic cooperation,” he added.