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Date: 09/09/2024

India-Lanka road link seen boosting trade ties

Establishing a road link between India and Sri Lanka will go a long way in further strengthening the trade ties between the two nations, said Mr K. Amirthalingam, Senior Professor of Economics at the University of Colombo, Sri Lanka while speaking at the national conference on ‘International Economic Relations: The Sustainable Development Challenges’ organised jointly by Sri Padmavati Mahila Viswa Vidyalayam (SPMVV) Department of Women’s Studies and Sri Venkateswara University (SVU) Department of Econometrics. He laid emphasis on maintaining effective international relations as a prerequisite to ensure a growing economy. The road link will connect key regions of India with Sri Lanka, providing a direct transportation route for goods and services. This development is expected to bolster bilateral trade and investment opportunities between the two countries. Experts believe that the road link will significantly impact trade dynamics and regional economic integration, as per a report. 
 
Source: Exim News Service: Colombo, Sept. 8



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