Sri Lanka’s Central Bank (CBSL) has signed a deal with a US-based lobbying firm to promote the country in the US, including to the government, reported the Sunday Times.
The agreement with Liberty International Group LLC, worth $760,000, runs until July 2015 and will look to ensure the US receives “clear and accurate information” about Sri Lanka.
The deal was signed on behalf of the Monetary Board of the Central Bank by Deputy Governor Dr. P. Nandalal Weerasinghe, and Liberty International Group President Connie Mack.
According to the contract, obtained by the Sunday Times, the PR agency is required by the CBSL to meet three “statutory stability objectives”, namely creating, “A political environment in the United States of America (US) that is more conducive to enhancing Sri Lanka’s long-term political and economic aspirations; a comprehensive information platform where decision-makers in the US receive clear and accurate information about Sri Lanka’s current achievements and future plans; and a higher volume of private sector investment in Sri Lanka from the US”.