Sri Lanka and Japan to Formalise Economic Policy Dialogue š
The Cabinet of Ministers has approved a Memorandum of Understanding (MoU) with Japan to establish a structured economic policy dialogue, aimed at bolstering bilateral ties and national growth. ⢠Key Objective: The agreement, scheduled for signing on 16 February, focuses on strengthening trade, investments, and overall economic development between the two nations. ⢠Strategic Vision: The dialogue aims to position Sri Lanka as a strategic export-oriented economic corridor, facilitating deeper integration into broader South Asian markets. ⢠Governance: The proposal was submitted by the Minister of Trade, Commerce, Food Security, and Cooperative Development and received official Cabinet approval this week. ⢠Economic Impact: This formalised partnership is expected to drive growth in key sectors such as manufacturing and logistics, leveraging Japan's expertise and investment potential to enhance Sri Lanka's regional competitiveness. Based on official Cabinet briefing data (11 February 2026).