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Message: <blockquote data-quote="monson" data-source="post: 21888939" data-attributes="member: 30005">Colombo to become transshipment hub for Bangladeshi imports, exportsAgreement to be signed during President Sirisena’s visit to  DhakaJuly 1, 2017, 7:10 pmby Zacki Jabbar A coastal shipping agreement connecting the  Dhaka and Colombo ports is scheduled to  be signed during President Maithripala Sirisena’s official visit to Bangladesh from June 13 to 16.  The Bangladesh High Commissioner to Sri Lanka, Riaz Hamidullah told The Sunday Island yesterday that 15 agreements and Memoranda of Understanding (MoU) between the two countries would be ratified."The highlights would be the Coastal Shipping  Agreement that will initially connect the ports of Dhaka and Colombo and thereafter all ports in Bangladesh and Sri Lanka. A MoU on Freer Trade and Economic Partnership, which would be the stepping stone to a Free Trade Pact will also be signed."  President Sirisena’s  busy itinerary will include meetings with his Bangladeshi counterpart Abdul Hamid and Prime Minister Sheikh Hasina, who would be leading the bilateral negotiations. The Sri Lankan delegation includes Foreign Miniser Ravi Karunanayake, Agriculture Minister Duminda Dissanayake, Trade and Commerce Minister Rishad Bathiudeen,  and a 20-member business delegation.Hamidullah said that he and Foreign Secretary Esala Weerakoon, would be leaving for Dhaka today to participate in the Foreign Office Consultation scheduled to commence on Monday.  President Sirisena’s visit  would strengthen bilateral relations and  boost existing economic ties, he noted. The High Commissioner said that leading  companies such as Hayleys, Hemas, Commercial Bank, Laugfs, Ceylon Biscuits and MAS Holdings, had a strong presence in Bangladesh.Over 40,000  semi and professional Sri Lankans were also employed there, he added.- <a href="http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=167592" target="_blank">http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=167592</a></blockquote>

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