The Consortium of Indian Industry (CII) and the World Economic Forum held a roundtable discussion that focused on Sri Lanka’s economic vision, led by Sri Lanka President Ranil Wickremesinghe.

President Wickremesinghe highlighted key factors to Sri Lanka’s sustained economic growth–successful resolution of supply bottlenecks in Sri Lanka, removal of import restrictions and the restoration of foreign exchange liquidity.

Tackling opportunities for mutually beneficial partnerships and investments with Indian business leaders, the President outlined plans to liberalize trade in goods and services in Sri Lanka, customs cooperation and trade facilitation with India, and promotion of tourism and people-to-people connectivity.

Sri Lanka welcomes private investments, particularly in infrastructure development and the divestment of state-owned enterprises. Potential investors were invited to look into key sectors, such as telecommunications, financial services, and energy. The President also discussed opportunities in supply chain efficiency, healthcare, consumer products, telecom, and clean energy.

Related links

President Ranil Wickremesinghe addresses issues ranging from debt relief to climate change and bilateral relations during the World Economic Forum in Davos 

President Ranil briefs Indian CEOs on Sri Lanka’s economic outlook