Marapana holds discussions with Kuwaiti delegation

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By encl_admin
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Assistant to the Minister of Foreign Affairs of Kuwait Ali Suleiman Al-Saeed called on Foreign Minister Tilak Marapana on July 24 to discuss several subjects of mutual interest.

The Kuwaiti delegation held detailed discussions on bilateral cooperation between Kuwait and Sri Lanka with Additional Secretary (Bilateral Affairs) Sumith Nakandala and the Ministry of Foreign Affairs.

Discussions focussed on implementation of agreements between the two countries on avoidance of double taxation; cultural, media, educational, scientific and technological cooperation; promotion and reciprocal protection of investment and labour recruitment and development of manpower.

Provision of assistance for development projects in Sri Lanka from the Kuwait Fund for Arab Economic Development and future Kuwaiti investment in Sri Lanka were also discussed. Over Kuwait Dinar 77 million (US$ 256 million) have so far been granted as loans for 15 projects, including the Moragahakanda Irrigation and Agricultural Development Project and the Moragolla Hydropower Project.

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