website hit counter
Sunday, June 1, 2025
Sunday, June 1, 2025

HomeNewsTrump Tariffs: SL and US Agree to Fast-Track Bilateral Trade Agreement Talks

Trump Tariffs: SL and US Agree to Fast-Track Bilateral Trade Agreement Talks

Trump Tariffs: SL and US Agree to Fast-Track Bilateral Trade Agreement Talks

spot_img

Sri Lanka and the United States have agreed to continue discussions with the aim of finalising a bilateral trade agreement in the shortest possible time.

A Sri Lankan delegation met with US Trade Representative Ambassador Jamieson Greer on 22 April 2025 at the US Trade Representative (USTR) Office in Washington D.C. to discuss reciprocal tariffs imposed by the US on Sri Lankan exports.

Issuing a statement following the meeting, the Government of Sri Lanka said the delegation updated Ambassador Greer on the country’s past economic challenges and the steps currently being taken to ensure long-term economic recovery.

The Sri Lankan delegation also emphasised the government’s readiness to cooperate with the US in reducing the trade deficit and lowering both tariff and non-tariff barriers.

Ambassador Greer, in response, welcomed Sri Lanka’s proposals to commence formal negotiations and expressed optimism that a mutually beneficial agreement could be reached soon.

Later that day, the Sri Lankan team held further talks with a USTR delegation led by Assistant United States Trade Representative for South and Central Asia Brendan Lynch and Director for South Asia Emily Ashby. The two sides discussed Sri Lanka’s written trade offer and reiterated their commitment to finalising the agreement promptly.

The Office of the U.S. Trade Representative (USTR) oversees the United States’ international trade policy and negotiations and serves as the principal advisor to the US President on trade matters.

Latest articles

Anudi Gunasekara Narrowly Misses Miss World 2025 Top 40 Despite Strong Performances

Sri Lanka's Anudi Gunasekara, despite commendable performances in the Multimedia and Head-to-Head challenges, did...

British Woman in Sri Lankan Prison Filmed Without Consent by Daily Mail, Court Told

A British woman arrested in Sri Lanka for attempting to smuggle 46 kilograms of...

Six Former Ministers to Face Bribery Charges Before Colombo High Court

Four former Cabinet Ministers and two former State Ministers are set to be indicted...

Salt Shortage: Sri Lanka’s Salt Output Plummets as Global Warming Disrupts Harvest Cycle

Salt production in Sri Lanka has been significantly disrupted due to erratic rainfall patterns...

More like this

Anudi Gunasekara Narrowly Misses Miss World 2025 Top 40 Despite Strong Performances

Sri Lanka's Anudi Gunasekara, despite commendable performances in the Multimedia and Head-to-Head challenges, did...

British Woman in Sri Lankan Prison Filmed Without Consent by Daily Mail, Court Told

A British woman arrested in Sri Lanka for attempting to smuggle 46 kilograms of...

Six Former Ministers to Face Bribery Charges Before Colombo High Court

Four former Cabinet Ministers and two former State Ministers are set to be indicted...