The Indian High Commission in Colombo has reportedly announced that the Consul General of India, Jaffna has organized the first ever International Tech Summit -NE(X)TWORK-2020 with part funding in Sri Lanka’s Northern Province.
Sri Lanka’s Minister of Small and Medium Business and Enterprise Development and Industries and Supply Chain Management Wimal Weerawansa has reportedly stated that the country’s Palmyrah Development Board (PDB) is looking at financial injection from the next budget to revive the defunct Thickkam Distilleries.
The government of Sri Lanka is reportedly looking at introducing new measures to fast-track Foreign Direct Investments (FDIs) in order to fully realise a US$ 2.5 billion target.
The UK has reportedly assured that Sri Lanka’s exports would receive the same treatment as it did under the trade concessions enjoyed under the European Union (EU) GSP Plus trade concession.
Sri Lanka’s Ministry of Industries and Supply Chain Management has reportedly planned to call for expressions of interest (EOIs) for an investor to undertake value addition for the state-owned Kahatagaha Graphite Mine.