High Commissioner Moragoda meets Indian Minister of Commerce and Industry; discusses support for economic recovery through bilateral trade expansion


Persevering with his discussions with key Union Ministers of India onSri Lanka’s financial restoration, Excessive Commissioner Milinda Moragoda met with the Minister of Commerce and Business Shri Piyush Goyal on 14 February 2023 on the Vanijya Bhavan the place the Ministry of Commerce and Business is housed.

Minister Goyal additionally holds the Ministerial portfolios of Client Affairs, Meals & Public Distribution in addition to Textiles. He’s the Chief of the Home of the Rajya Sabha, the higher Home of the Indian Parliament.


Throughout the dialogue between Minister Goyal and Excessive Commissioner Moragoda, which was held in a really cordial method, a variety of points pertaining to the areas of bilateral commerce and commerce, notably aiming on the financial restoration in Sri Lanka, was mentioned.


Excessive Commissioner Moragoda thanked India for the unprecedented assist that it has prolonged to Sri Lanka to mitigate the unfavorable impression of the financial disaster. Recalling India’s well timed issuance of economic assurances to the IMF, the primary creditor to take action, Excessive Commissioner Moragoda emphasised the important thing position that India may play within the restoration part of the Sri Lankan financial system.


Mechanisms regarding the enlargement of bilateral commerce, the methods to ascertain and promote rupee commerce between Sri Lanka and India as a way of financial restoration in Sri Lanka, and the potential of additional bilateral integration within the textiles and garment sector had been among the many key points mentioned between the Indian Commerce Minister and the Sri Lankan Excessive Commissioner.


A Chartered Accountant by career, Shri Piyush Goyal has additionally held the Ministerial portfolios of Railways, Finance, Company Affairs, Coal, Energy, New & Renewable Power and Mines, beforehand.

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