News

Government wants to maintain partnership with China

20 Feb, 2016

The Government says it wants to maintain its strong partnership with China while also having economic agreements with other countries.

Finance Minister Ravi Karunanayake said that there has been a general perception that Sri Lanka is extremely sensitive to investments from China.

He said that China has been an aggressive partner and Sri Lanka wants to continue with that partnership.

But he said Sri Lanka also wants to open its markets for more European investments and this has been made possible as a result of the commitments the Government has made on the human rights issue.

The Finance Minister expressed these views while speaking to the business community in Austria where President Maithripala Sirisena is currently on a two day visit.

Speaking further the Minister said that Sri Lanka can be a hub for investors looking at markets in India.

“We little Sri Lanka have the access into India,” he noted.

He said that investors can setup their manufacturing plants in Sri Lanka and have access to the Indian markets with better logistics. (Colombo Gazette)

https://colombogazette.com/wp-content/uploads/2016/02/AUD-20160220-WA0004.mp3

Recommended For You

Feature Image

SLPI requests Justice Minister to codify laws on Contempt of Court

The Sri Lanka Press Institute (SLPI) has forwarded to the Minister of Justice, Ali Sabry, a set of proposals by The Editors Guild of Sri Lanka (TEGOSL) setting out the rationale for the codification and enactment of a Contempt of Court Act in Sri Lanka in line with many other countries. In its letter to the Justice Minister, the SLPI has referred to the long-felt need to codify the laws on Contempt of Court. The Editors’ Guild proposals are based on its submissions to the Parliamentary Select

27 Feb, 2021

Feature Image

UNP yet to decide on nominee for National List

By Ashanthi Warunasuriya The United National Party (UNP) says it has not yet reached an agreement on the nominee for its National List seat in Parliament. UNP Chairman Vajira Abeywardena told Colombo Gazette that while various names have been proposed, no agreement has been reached. Abeywardena said that he has personally proposed the name of UNP Leader Ranil Wickremesinghe to fill the vacant seat. However, he said that the party has not yet endorsed his proposal. “The state the country is

27 Feb, 2021

Feature Image

State Vesak festival to be held in Jaffna this year

The State Vesak festival is to be held in Jaffna this year, the Prime Minister’s Office said. Prime Minister Mahinda Rajapaksa has given instructions to focus on the North and East during Vesak this year. Accordingly, it has been decided to hold the State Vesak festival at the Nagadeepa Raja Maha Vihara Temple in Jaffna. The Prime Minister’s Office said that 65 temples in the North and East and 35 Buddhist Sunday schools in the North and East will be involved in the State festival. The State

26 Feb, 2021