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More Australian investors keen on Lanka - High Commissioner

Sri Lanka is now in a favourable situation for international business after the end of conflict and the global economic downturn, Australian High Commissioner in Sri Lanka Kathy Klugman said.


Australian High Commissioner in Sri Lanka Kathy Klugman accepting the annual report from Sri Lanka-Australia-New Zealand Business Council Vice President Seneka Silva at the AGM. Picture by Saliya Rupasinghe

Speaking at the 15th Annual General Meeting of the Sri Lanka – Australia – New Zealand Business Council of the Ceylon Chamber of Commerce (CCC) held last week the High Commissioner said with the ending of the conflict, the confidence of Australian investors towards Sri Lanka was increasing.

She requested the members of the Council to inform the High Commission of possible opportunities that exist for Australian businesses and reiterated that the Australian High Commission is keen to build trade and investment relationships between Sri Lanka and Australia.

“The Australian economy has recovered relatively quickly from the slowdown that followed the global financial crisis.

The country economy is now two months into its 20th year of uninterrupted growth.

This week’s national accounts for the three months ended June reveal growth of 1.2 percent, it’s the highest in three years,” she said.

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