Category: Trade
‘s Pakistan visit a testimony of strong bonds:Nawaz Sharif
Apr 07, 2015 (LBO) – Sri Lankan President Maithripala Sirisena’s visit to Pakistan is a testimony to the strong bonds of friendship between the two countries, Pakistani Prime Minister Nawaz Sharif had said addressing a joint press conference on Monday, a statement said.Sirisena visited Pakistan starting 5th April for a three day tour, in order […]
‘s exports to Pakistan can be more diversified: Business potential seen in power generation: Official
Apr 06, 2015 (LBO) – Sri Lanka can increase its exports to Pakistan through diversification and investment in power generation will be one such area to explore, a Pakistani official said.“There is very little diversification in the products that Sri Lanka is exporting to Pakistan,” Hazan Ali Zaigam, First Secretary, High Commission of Pakistan in […]
Sri Lanka should look at regional trade and be less Europe centric: Official
Apr 02, 2015 (LBO) – Sri Lanka should look at diversifying its export market from its Europe centric and north American trade habits and move towards exploring a more lucrative regional export markets, a senior official said. “That Europe centrist approach is still there in Sri Lanka, simply because it is the number one market […]
Sri Lanka to ease entry barriers for FDI: Ravi Karunanayake
Mar 28, 2015 (LBO) – Sri Lanka needs to ease foreign investment entry obstacles to attract more foreign direct investment, finance minister Ravi Karunanayake says.Karunanayake made this comment while delivering a keynote address at the 18th Asian Investment Conference organised by Credit Suisse. The conference is an exclusive business gathering in the Asia Pacific region […]
Sri Lanka new rulers to get Chinese support
Mar 28, 2015 (LBO) – Chinese Prime Minister Li Keqiang assured and pledged Chinese government’s fullest support to the new government of Sri Lanka, a media release said. “The Chinese Premier further said China does not have relationship with individuals of different countries, but it has a policy of developing bilateral ties with nations,” the […]
Sri Lanka hold talks with EU on GSP+ trade concessions
Mar 26, 2015 (LBO) – Sri Lanka are holding discussions on the retrieval of GSP Plus, a system granting tax free entry for the counties goods to the European Union market, the industry and commerce ministry said in a statement. The industry and commerce ministry said earlier this week in Colombo that the talks were […]
India’s PM Modi says plans are not only to address problems but to look opportunities in Sri Lanka
Mar 13, 2015 (LBO) – Sri Lanka should be visited regularly by India as neighbors and collaborate in developing economic cooperation in both countries in order to get the advantage of ocean economy, Prime Minister of India Narendra Modi said at a gathering in Colombo. “This is how it should be between neighbours. We should […]
’s State Minister for Foreign Affairs
Mar 06, 2015 (LBO) – Japanese State Minister for Foreign Affairs Minoru Kiuchi to visit Sri Lanka tomorrow Saturday 7th March 2015 to further strengthen the long-standing ties between Japan and Sri Lanka. During his visit, Kiuchi will call on Sri Lanka’s President Sirisena, Prime Minister Ranil Wickremasinghe, and Minister of Policy Planning, Economic Affairs, […]
’s chamber signs a MOU with Chinese Tianjin
Mar 06, 2015 (LBO) – Sri Lanka’s Ceylon Chamber of Commerce signed a memorandum of understanding today with Tianjin province of China to promote trade and investment between both countries. With the visit of two leaders in our countries, we hopes to take bilateral corporation between Sri Lanka and China to the next level through […]
Malaysian investors to bid for Northern Expressway: Suggest to renew bilateral trade
Feb 27, 2015 (LBO) – Sri Lanka northern expressway which links the Island’s capital Colombo to the northern Jaffna peninsula to be bided by Malaysian investors, a statement said. We are bidding for Northern Highway on BOT (build-operate-transfer) basis, Dato’ Seri S. Samy Vellu, Malaysia’s Special Envoy of Infrastructure for India and South Asia with […]
’s with India
Feb 16, 2015 (LBO) – Sri Lanka and India signed four memorandum of understandings (MOU) between both countries, during the first official visit of President Sirisena to India after assumed duties, a report said. Sudharshan Seneviratne, High Commissioner of Sri Lanka in New Delhi and Ashish Bahuguna, Secretary, Department of Agriculture & Cooperation signed a […]
Sri Lanka to sign an agreement with India to wave off visa requirement for Diplomatic passport holders
Feb 13, 2015 (LBO) – Sri Lanka’s Cabinet of Ministers has approved the proposal made by the Minister John Amarathunga to sign an agreement with India to waive the requirement of obtaining of Visas for Sri Lanka and India by diplomatic passport holders and official travel documents. Sri Lanka’s President Maithripala Sirisena is to visit […]