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Sri Lanka leader to visit Maldives, eyes bilateral trade: Sources | EconomyNext

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ECONOMYNEXT – Sri Lanka President Anura Kumara Dissanayke is prone to undertake a three-day official go to to Germany within the final week of July and the go to can be specializing in the bilateral commerce and relationship, sources acquainted with the preliminary preparation mentioned.

President Dissanayake’s Maldives’ go to can be his sixth official overseas go to after India, China, the United Arab Emirates, Vietnam, and Germany.

“His go to can be together with the celebration of Sri Lanka-Maldives diplomatic relations on July 29,” a diplomatic supply instructed EconomyNext.

“Bilateral commerce and relationships would be the focus throughout the conferences between the leaders and officers of the 2 nations.”

A Sri Lankan International Ministry official confirmed the preliminary preparation for the president’s go to.

“The go to will happen after the Maldives’ Independence Day which can be celebrated on July 26, to which Indian Prime Minister (Narendra) Modi is predicted to go to,” the supply mentioned.

An official on the President’s Media Division, nevertheless, mentioned the dialogue on the go to is happening, however nothing has been confirmed but.

Diplomatic relations have been formally established in 1965, and each nations have constantly maintained pleasant ties, with frequent high-level exchanges and cooperation in regional boards like SAARC and the Indian Ocean Rim Affiliation (IORA).

The Maldives typically appears to Sri Lanka for healthcare, schooling, and expert labour, whereas Sri Lanka sees the Maldives as a significant regional ally and a key associate in maritime safety and tourism collaboration.

In recent times, each nations have sought to deepen ties past conventional commerce.

Areas like renewable power, tourism growth, digital infrastructure, and local weather change resilience are gaining traction in bilateral discussions.

In 2023, the 2 nations signed new agreements to advertise joint ventures in tourism and sustainable fisheries, reflecting a shift towards extra diversified financial cooperation.

Moreover, people-to-people ties between the 2 South Asian island nations stay sturdy, with 1000’s of Maldivians finding out or receiving medical therapy in Sri Lanka, and Sri Lankan professionals—particularly lecturers, docs, and engineers, enjoying a big position within the Maldivian economic system.

Commerce between Sri Lanka and the Maldives stays modest in quantity however strategically essential.

Sri Lanka exports a variety of products to the Maldives, together with agricultural merchandise, building supplies, processed meals, and clothes.

In return, Sri Lanka imports restricted items akin to marine merchandise.

In line with the Sri Lanka Export Growth Board, Sri Lanka’s exports to the Maldives exceeded $100 million lately, making it one of many island’s high SAARC buying and selling companions.

Moreover, quite a few Sri Lankan building, hospitality, and schooling companies function within the Maldives, contributing to overseas change earnings. (Colombo/June 25/2025)



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Tags: bilateralEconomyNexteyesLankaleaderMaldivessourcesSritradevisit
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