Sri Lanka, Algeria hold discussions to strengthen bilateral ties | Daily News

Sri Lanka, Algeria hold discussions to strengthen bilateral ties

The virtual discussion in progress.
The virtual discussion in progress.

Sri Lanka held Ministry level virtual bilateral consultations with the People’s Democratic Republic of Algeria on October 12 on strengthening political, economic, social and cultural ties.

The two sides noted that the total trade last year stood USD 5.39 million and Sri Lanka’s exports to Algeria amounted to only USD 0.63 million while Sri Lanka’s imports from Algeria amounted to USD 4.76 million. As a major exporter of petroleum and LP gas, the trade relations with Algeria have mainly been in the energy sector. However, potential to further increase exports particularly tea, spices, coconut products and apparel were explored. A virtual meeting with the Chambers of Commerce of both countries is expected to take this process forward.

The two sides agreed to celebrate the 50th anniversary of diplomatic relations in a fitting manner next year. Algeria announced that it will host the next Non Aligned Move (NAM) Summit in Algiers in 2022 and recalled that both countries are founding members of the NAM and continue to work closely at the multilateral level.

They expressed keen interest in the environment and climate change, power and energy and tourism sectors. Further strengthening defence and counter terrorism cooperation were also discussed.

The Sri Lanka Delegation was led by Director General Africa Affairs Division of the Foreign Ministry B. Kandeepan and the Algeria delegation was led by Director General of the Asia Department of the Foreign Affairs Ministry of Algeria Boumedien Guennad. The Ambassador of Sri Lanka accredited to Algeria from Cairo, the Ambassador of Algeria accredited to Sri Lanka from New Delhi and senior officials of both Foreign Ministries jointed the virtual consultations.

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