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Sri Lanka to introduce new legislation for conducive business environment pledges Foreign Minister

Sri Lanka’s government plans to introduce new legislation to create a conducive and secure business environment for foreign investors assured Sir Lanka’s Foreign Minister Mangala Samaraweera.

Speaking at a joint press conference with a Swedish business delegation led by Sweden’s foreign minister Margot Wollstrom, Mr Samaraweera said following new business legislation alongside free trade agreements with neighbouring nations, “Sri Lanka then will be truly open for business.”
Noting the recent lifting on Sri Lanka’s EU fishing ban, Mr Samaraweera added,

“We are also buoyed by the EU Commission lifting the red card on Sri Lanka’s fish exports and we will soon be in a position to regain GSP+ concessionary access to the EU market.”

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