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US, Sri Lanka agree to expedite planned bilateral trade agreement

Fibre2Fashion | 26 April 2025

US, Sri Lanka agree to expedite planned bilateral trade agreement

As a Sri Lankan delegation met US trade representative Jamieson Greer recently in Washington D.C. to discuss reciprocal tariffs, both sides agreed to continue discussions aimed at finalising a bilateral trade agreement in the shortest possible duration.

The delegation updated Greer on the challenges that Sri Lanka has been facing in the past and the steps taken by the government to overcome future challenges and move towards full economic recovery, a release from the president’s media division said.

The delegation highlighted Colombo’s prompt commitment to work with the US government in reducing trade deficit and lowering tariff and non-tariff barriers.


 source: Fibre2Fashion