(MENAFN) Local media reported that Sri Lanka has agreed to proceed with the Free Trade Agreement (FTA) with China as it will strengthen the country's economic and trade sectors, Xinhua reported.
Sri Lanka's Deputy Minister of Policy Planning and Economic Affairs said that a private research agency had done a very interesting study on all FTAs that China had entered into and carried out a comparison exercise.
"The government is not pushing it back; we will proceed with it, but there are multiple views. We won't rush it but we are moving in that direction," the deputy said in a statement.
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