US Ambassador raises concerns over Sri Lanka’s Port City

Following a damning US State Department report which warned investors of the risks they faced in Sri Lanka, US Ambassador to Sri Lanka, Alaina B. Teplitz, raised concerns over the legislation covering Colombo’s Port City.
“I continue to be concerned about some aspects of that (Port City) legislation. Because there appears to be openings for either corrupt influences or potential of illicit financing, money laundering and things like that. US companies are going to be wary of that,” Teplitz stated.








