|Sri Lankan and Brazilian Heads of State Pledge Greater Mutual Cooperation|
|Wednesday, 04 June 2008|
President Rajapaksa met President Lula da Silva of Brazil on the margins of the FAO conference on world food security, to discuss issues of relevance and importance to both the countries.
President Rajapaksa explained that one of the most compelling problems for Sri Lanka has been the unforeseen rise of the price of oil and that this, in turn, has created a sense of unpredictability in the country's economy and the global economy in general.In this regard, President Rajapaksa stated that Sri Lanka generates 55% of her energy needs from hydro sources and rest from thermal power. He also spoke about issues related to food production and livestock. He elaborated that 80% of the Sri Lankan economy is based on small and medium enterprises (SMA) and he further explained the manner in which these SMEs conduct their modest farming and cultivations.
President da Silva was receptive of this proposition and requested the relevant authorities to organize visits in this regard. President Rajapaksa also informed President da Silva of the irrigation projects the country has undertaken and the projects which are currently in operation.
The President of Brazil invited President Rajapaksa to send a delegation to his country to enable familiarization with mining, irrigation and agriculture.
Further, both the leaders discussed the existing trade agreements as well as potential for future agreements.
President Rajapaksa expressed appreciation to President Lula da Silva for opening up a Diplomatic Mission in Colombo. He further requested President da Silva to visit Sri Lanka on a mutually convenient date.
(Courtesy : Department of Information )
|Last Updated ( Monday, 02 February 2009 )|
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