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Belt and Road

Thailand sees shortcut to Belt and Road with Sri Lanka trade deal

Two nations to kick off bilateral FTA talks in Bangkok on Thursday

The China-backed Colombo Port City in Sri Lanka  @GettyImages

BANGKOK -- Thailand sees a planned trade deal with Sri Lanka as an opportunity to tap into China's signature Belt and Road Initiative while hedging against fallout from the escalating global trade war.

Representatives of the Sri Lankan government are in Bangkok on Thursday for two days of talks regarding the pact with their Thai counterparts. This follows Thai Prime Minister Prayuth Chan-ocha's state visit to Colombo in July, when the two countries agreed to seek ways to triple bilateral trade to $1.5 billion by the end of 2020.

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