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CEAT Kelani Holdings Managing Director Ravi Dadlani (right) and Lanka Ashok Leyland CEO Umesh Gautham exchange the OEM agreement

The United States says it is keen to pursue a trade pact with Sri Lanka and agreed to meet in October to iron out issues.
US Trade Representative, Robert B Zoellick told visiting Sri Lankan Trade Minister Jeyraj Fernandopulle that the TIFA process should be deepened to facilitate business and investment issues between the two countries.rn

rnWhile these confidence building measures are being worked out Zoellick suggested that Sri Lanka should also review the free trade pacts concluded by the US with its other trading partners, to have an understanding of the extent of trade and investment liberalisation that comes in the US Free Trade Agreements. rn

rnFernandopulle pledged to strictly enforce Intellectual Property Rights (IPR) laws and sign up for the WTO Information Technology Agreement, the Sri Lankan Embassy in Washington said.rn

rnFernandopulle also met Alan Larson, Under Secretary of State for Economic, Business and Agricultural Affairs, Christina Rocca, Assistant Secretary of State for South

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