SL-US Trade Talks Progress Towards Agreement

Sri Lanka-US Trade Talks Progress Towards Agreement

by Zulfick Farzan 25-04-2025 | 10:44 AM

COLOMBO (News 1st); Sri Lanka and the United States of America are expected to sign a trade agreement soon, following productive discussions in Washington, D.C.

The President's Media Division said that on April 22, 2025, a Sri Lankan delegation met with Jamieson Greer, the US Trade Representative, to hand over the original documents of the previously submitted documents, as directed by President and Finance Minister Anura Kumara Dissanayake.

During the meeting, the delegation briefed Ambassador Greer on the measures taken by the Sri Lankan government to address past challenges and prepare for future ones, aiming to fully restore the economy.

They highlighted Sri Lanka's commitment to reducing the trade deficit and minimizing both tariff and non-tariff barriers in collaboration with the US government.

According to the President's Media Division Ambassador Greer had appreciated Sri Lanka's proposals and expressed optimism about quickly reaching an agreement to ensure fair and impartial trade relations between the two countries.

Following this, the Sri Lankan delegation met with Brendan Lynch, Assistant US Trade Representative for South and Central Asia, and Emily Ashby, Director for South Asia. They further elaborated on Sri Lanka's written proposals to the US.

Both parties agreed to continue discussions with the goal of finalizing a bilateral trade agreement soon.