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Wednesday,14 October 2009

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Business and investor partnerships between Sri Lanka, US strengthened :

Much potential for US investors in Sri Lanka

There is much potential in Sri Lanka for investors from the United States to invest in a wide range of sectors such as IT, construction, infrastructure, gem and jewellery. The Governments of Sri Lanka and the United States have taken steps to strengthen business and investor partnerships at a time when stability and peace had returned to Sri Lanka, said Assistant United States Trade Representative for South and Central Asia, Michael Delaney.

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New Cargo Exports Terminal to be launched in January

SriLankan Cargo has taken over the long-awaited new cargo terminal building at the BIA and is set to launch the Cargo Centre’s Export Operations through this terminal in January 2010, which is expected to double the current handling capacity.

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Policy measures adopted supportive:

Inflation to remain at subdued levels -Central Bank

Worldwide inflation is expected to pick up moderately in the ensuing months with the base effects of last year’s high consumer prices driven by the commodity price bubble wearing out, as well as firming demand alongside the nascent recovery in global markets.

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From left: Ministry of Export Development and International Trade Secretary, S. Liyanagama, Ambassador of the United States to Sri Lanka, Patricia Butenis, Assistant United States Trade Representative for South and Central Asia, Michael Delaney, Minister of Enterprise Development and Investment Promotion and Media, Anura Priyadarshana Yapa, Attorney General, Mohan Pieris, Central Bank, Governor, Ajith Nivard Cabraal and Sri Lanka’s Ambassador to the United States, Jaliya Wickramasuriya at the Sri Lanka-United States, private-public partnership conference. Picture by Saliya Rupasinghe



 
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