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Romania to sign agreement with Lanka to avoid double taxation to boost bilateral trade

Published

2 years ago

2024/02/28

Romanian Ambassador Doamna Arhire meeting Prime Minister Dinesh Gunawardena at Temple Trees on Monday (26).

Romanian Ambassador Doamna Arhire has informed Prime Minister Dinesh Gunawardena that Romania would sign an agreement with Sri Lanka to avoid double taxation to boost the bilateral trade between the two countries.

Ambassador Arhire called on Prime Minister Gunawardena at Temple Trees on Monday (26).

PM Gunawardena and the Romanian envoy discussed the long-standing bilateral relations between the two countries and the steps to be taken to enter into economic cooperation and investment in new spheres.

The Prime Minister urged Romania to consider investments and cooperation in education, agriculture, railways, IT, cyber security and tourism sectors.

Ambassador Arhire, expressing delight over the fourfold growth of bilateral trade to USD 127 million last year added that her country would sign an agreement with Sri Lanka to avoid double taxation so that trade process could be smoothened. She added that another Memorandum of Understanding (MoU) on cooperation in education, culture, sports and media could be signed once the draft is approved by both sides.

The Romanian envoy said 40,000 Lankans were employed in Romania and their contribution to the economy was highly appreciated and they also contribute to Sri Lanka with their remittances. The Prime Minister thanked the government of Romania for providing employment to a large number of Sri Lankans in recent years.

The Premier said that he was thankful for Romania’s support to Sri Lanka in the past and made a special mention about the Romanian oil supplies when there was a Western blockade due to nationalization of foreign oil companies here in the early 1960s and the supply of railway compartments and rails to Sri Lanka.

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Warm Weather Advisory
Issued by the Natural Hazards Early Warning Centre of the Department of Meteorology
at 3.30 p.m. on 22 March 2026, valid for 23 March 2026.

The Heat index, the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in the Western, Sabaragamuwa, Southern and North-western provinces and in
Anuradhapura, Mannar and Vavuniya districts.

The Heat Index Forecast is calculated by using relative humidity and maximum temperature and this is the condition that is felt on your body. This is not the forecast of maximum temperature. It is generated by the Department of Meteorology for the next day period and prepared by using global numerical weather prediction model data.

Effect of the heat index on human body is mentioned in the above table and it is prepared on the advice of the Ministry of Health and Indigenous Medical Services.

ACTION REQUIRED
Job sites: Stay hydrated and takes breaks in the shade as often as possible.
Indoors: Check up on the elderly and the sick.
Vehicles: Never leave children unattended.
Outdoors: Limit strenuous outdoor activities, find shade and stay hydrated.
Dress: Wear lightweight and white or light-colored clothing.

Note:
In addition, please refer to advisories issued by the Disaster Preparedness & Response Division, Ministry of Health in this regard as well. For further clarifications please contact 011-7446491.