trade

A two-year mandate road map has been produced by the Sri Lankan High Commission in India to reinforce allegiance in trade, defense, connectivity, religion, and people. "The sharing of their similar experiences is an ongoing process", the 27-page document said about the similar multi-cultural society of both countries. Visits by Sri Lankan President, PM, Foreign minister to India, and vice versa have also been included in the document.

Several big technology and electronics companies Samsung and Lenovo has planned to miss the World Mobile Congress 2021 scheduled to take place in June in Barcelona. Prioritising the health of its employees, Samsung said it (health) cannot be put at risk. However, the giants have agreed to attend the mobile trade show virtually. Organised by the GSM Association, the MWC was last year cancelled due to pandemic.

Japan's Shoei Kisen Kaisha, owner of the cargo vessel 'Ever Given' blocking the Suez Canal, has informed that all the crew members aboard the ship are Indians. As per the vessel's management company, all 25 members on board are safe and being taken care of. The ship lodged sideways after it ran aground on March 21, following strong gusts of wind. Reportedly, the blockade is causing a trade-loss of $9 billion every day.