Sri Lanka should be re-assessed by US business: Asst. Trade Rep

Oct 13, 2010 (LBO) – Sri Lanka should be re-assessed by US businesses after the end of a 30-year war as the country moves forward in a peaceful environment though ethnic reconciliation remained a challenge, a top US trade official said. “We think that political reconciliation could be greatly accelerated with economic growth. We need to create employment and inclusive economic growth.”

US business representatives and officials from both countries had also participated in a similar forum in Jaffna in the northern peninsular a day earlier.

Sri Lanka’s envoy to Washington, Jaliya Wickremasuriya said the government was putting about a billion dollars a year to rebuild roads, rail and other infrastructure in former war torn areas.

“We had a very productive time in Jaffna,” he said. “It is clear that it is booming.

He said elsewhere in Sri Lanka also ports were infrastructure was being built including a port in Hambantota in the South as well as roads and airports.

He said infrastructure was being built in other parts of the island as well including a port in the Sourthern district of Hambantota as well as roads and airports.

“It is a nation moving forward. There is no reverse gear,” he said. “The early bi