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Sri Lankan President leaves for South Korea

Several bilateral agreements would be signed during Mahinda Rajapaksa`s visit with emphasis on bilateral trade promotion.



Colombo: Sri Lankan President Mahinda Rajapaksa on Monday left for Seoul on a four-day official visit at the invitation of his South Korean counterpart Lee Myung-Bak, officials said.

Rajapaksa, who is leading an 80-member business delegation, will hold talks with the South Korean President.

Several bilateral agreements would be signed during Rajapaksa`s visit with emphasis on bilateral trade promotion.

Rajapaksa will also address a business luncheon co-hosted by four major Business Associations in Seoul and the Sri Lanka-Korea business forum hosted by the Busan Chamber of Commerce and Industry.

He will also meet heads of leading trade organisations in South Korea.

Sri Lanka`s exports to South Korea have more than doubled, from USD 18 million to USD 45 million between 2004 and 2011. Its exports to South Korea represented 36 percent of its cumulative exports during 2011.

PTI

From Zee News

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