Sri Lanka’s Minister of Industry and Commerce Rishad Bathiudeen has reportedly said that Sri Lanka’s total apparel exports for 2017 are expected to be around US$ 4.7 billion with earnings to November having exceeded that of the corresponding period in 2016.
United States has amended travel advisory level on Sri Lanka to level one, placing Sri Lanka as a safe country to visit.
A bilateral free trade agreement between Sri Lanka and Singapore has been granted approval for signing by the cabinet.
IMF has projected a real GDP growth of 4.6% over the medium term with the economy expected to reach normalcy in 2018.
The government of Sri Lanka is to enter into an agreement on agricultural cooperation with Turkey in line with a proposal put forward by Agriculture Minister Duminda Dissanayake.