The first Arab and African nation ever to establish diplomatic relations with Sri Lanka says that it has been one of the key markets for Ceylon Tea and now has 22 Bilateral Agreements with Sri Lanka. Sri Lanka, readily agreeing with the claim, says that the next Egypt โ€“Sri Lankamore

The century old Sri Lankan cooperative sector received the biggest boost in its history when HE the President invited it to sit in the future sessions of the National Economic Council (NEC) on 7 July. Many new relief measures for cooperatives were also announcedโ€“chief among them was exempting cooperatives frommore

The Sri Lankan consumersโ€™ annual expenditure on cigarettes and tobacco is so high it surpasses the countryโ€™s annual bill on milk powder imports. This tobacco expenditure also exceeds another income-the annual export revenue from EU GSP Plus.more

  As its bilateral trade and investments with Sri Lanka increased to unprecedented levels, the second largest Arabian economy in the Gulf issued a clarion call for Investment Protection Agreement (IPA) with Sri Lanka on 4 July.more