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U.S.-Russia diplomatic thaw ignites Sri Lanka's hopes for trade windfall
The Island
|April 03, 2025
Sri Lanka's Ministry of Industries and Entrepreneurship Development Secretary Thilaka Jayasundara voiced confidence yesterday that warming U.S.-Russia relations could catalyse economic opportunities for Sri Lanka, during a forum hosted by the National Chamber of Commerce.
Speaking at the 'Russia-Sri Lanka Development of Trade, Economic, and Banking Cooperation' event, Jayasundara, a seasoned official with experience across multiple political administrations highlighted that eased secondary sanctions resulting from improved Moscow-Washington dialogue could unlock favorable trade conditions for Sri Lanka. Her remarks drew visible approval from Russian Ambassador Levan Dzhagryan, seated nearby.
This story is from the April 03, 2025 edition of The Island.
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