Press briefing of Cabinet Decision taken on 2023-10-09

Memorandum of Understanding between the Ministry of Investment Promotion and the National Development and Reform Commission of the People's Republic of China

- The National Development and Reform Commission of the People's Republic of China and the Ministry of Investment Promotion of Sri Lanka has expressed their concurrence to enter into an Memorandum of Understanding in order to promote production capacity and investment cooperation between the two parties. Accordingly, the proposal made by the Hon. President in his capacity as the Minister of Investment Promotion to sign the said Memorandum of Understanding, was approved by the Cabinet.