Sri Lanka and the Maldives are looking at joint ventures and investment in fisheries following the visit of senior minister from the atolls, a foreign ministry statement said Thursday.
Abdullah Kamaludeen, Minister of Fisheries, Agriculture and Marine Resources of Maldives visited Colombo during from 18-20 to attend the second meeting of a special joint commission set up to deal with fishery issues.
Investment and joint collaboration in fisheries, cooperation in research, training and exchange of information, had been discussed at the seminar.
"Both sides exchanged views on practical measures of cooperation in the fisheries sector," the statement said.
"They also explored new areas in this sector for strengthening the existing ties between the two countries."
Fisheries is an important economic activity for both countries, being island nations.
Sri Lanka is keen on building up a deep sea fishing fleet and also setting up canning plants to make better use of the resources in the surrounding seas.
Maldive fish, a desiccated fish product made from boiled tuna is an essential ingredient in some Sri Lankan dishes.
There have also been cases of Sri Lanka fishermen being arrested after straying into Maldives waters.Source: LBO