INSUBCONTINENT EXCLUSIVE:
President Ranil Wickremesinghe took centre stage in a recent roundtable discussion organized by the Consortium of Indian Industry (CII) and
World Economic Forum yesterday (16), unveiling a comprehensive economic vision for Sri Lanka.The President emphasized the successful
resolution of supply bottlenecks, the removal of import restrictions and the restoration of foreign exchange liquidity as key factors
contributing to sustained economic growth.Sri Lanka is actively expanding its trade agreements, with a recently completed comprehensive Free
Trade Agreement (FTA) with Singapore and an upcoming FTA with Thailand in February
integration.President Wickremesinghe welcomed private investments, particularly in infrastructure development and the divestment of
Lucrative opportunities for potential investors were highlighted in key sectors such as telecommunications, financial services, and energy
The collaborative efforts with India on renewable energy projects, focusing on offshore wind and solar sources, underscored the commitment
to sustainable energy solutions
Plans for a high-capacity power grid and bidirectional electricity trade further showcased the dedication to energy and power
connectivity.Bilateral trade and economic engagement were central themes, with plans outlined for liberalizing trade in goods and services,
customs cooperation, and trade facilitation with India
The emphasis on technology cooperation and the use of the Indian rupee for trade settlement reflects a commitment to strengthening economic
with top Indian CEOs across various sectors, President Wickremesinghe discussed opportunities in supply chain efficiency, healthcare,
consumer products, telecom, and clean energy
The roundtable positioned Sri Lanka as an attractive destination for diverse investments
Recognizing the importance of digital technologies in logistics, the President highlighted the potential for collaboration in enhancing
The dialogue with Indian CEOs lays the groundwork for robust partnerships and investments, fostering a new era of economic growth for Sri
