China woos Sri Lanka with FTA and business deals

New Delhi: China and Sri Lanka are exploring a free trade agreement (FTA) as Beijing continues to strengthen economic and military ties with India’s neighbours.

A high-level Chinese delegation led by its commerce minister Wang Wentao will attend the Sri Lanka-China Trade and Investment Forum in Colombo on May 30, according to persons familiar with the development. The 115-member business delegation representing 77 Chinese companies will engage with potential Sri Lankan business and investment partners at the forum hosted by The Ceylon Chamber of Commerce and Sri Lankan commerce department…..| read more on The Economic Times