ECONOMYNEXT — Sri Lanka’s Cabinet has approved a proposal to sign a complementary adjustment agreement with Brazil to implement a sugarcane project, minister Nalinda Jayatissa said.
Sri Lanka originally entered into a basic Technical Cooperation Agreement with Brazil on September 16, 2008, aimed at promoting bilateral cooperation across mutually beneficial sectors.
“According to the basic agreement on technical cooperation signed between Sri Lanka and Brazil, it is required that the programs and projects under it are implemented through complementary coordination agreements,” Jayatissa said.
Under the framework of that initial agreement, specific programs and projects require execution through separate Complementary Adjustment Agreements.
At a previous Cabinet meeting in May, approval was granted to sign a project collaboration agreement among the Brazilian Cooperation Agency, the Federal University of São Carlos, Sri Lanka’s Ministry of Industries and Entrepreneurship Development, and the Sugarcane Research Institute. (Colombo/September01/2026)