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.
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.
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.
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