Sri Lanka and the Seychelles decide to develop trade and tourism between the two countries

Sri Lanka and the Seychelles decide to develop trade and tourism between the two countries

Sri Lanka and the Seychelles have reportedly agreed to develop trade and tourism relations between the two countries during a recent two day official visit by Sri Lanka’s President Maithripala Sirisena in the Seychelles.
A statement by the President’s Office has stated that the President had met with the Seychelles President Danny Faure Monday for bilateral talks where two agreements were signed.
One agreement reached was between the University of Moratuwa and the Information Technology University of Seychelles on the advancement of information technology.
The second agreement was between the University of Sri Lanka Vocational Technology and Seychelles Technology Institute on bilateral cooperation in vocational training.
According to reports, Faure has asked for support from Sri Lanka to fight drug abuse and training for the healthcare, military, and judicial and legal drafting sectors.
President Sirisena has pledged to award ten annual scholarships to Seychelles students in the field of vocational training.
There are currently 2,400 Sri Lankan workers in the Seychelles.

OSL take:

The government of Sri Lanka is engaged in strengthening ties with foreign countries in a bid to boost investments and trade to the country. Sri Lanka has already entered into several trade agreements with countries in the Asian region as well as with Western countries. Such agreements have resulted in Sri Lanka enjoying trade concessions from the US and EU. The Sri Lankan President during his visit to the Seychelles has now strengthened relations between the two countries. Sri Lanka and the Seychelles are engaged in promoting tourism in their respective countries and strong ties between the two countries will help both countries. Therefore foreign businesses looking at engaging in business with the Seychelles could look at setting up base in Sri Lanka, which would provide access to more countries in the Asian region as well.

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Article Code : VBS/AT/20181011/Z_1

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