Lanka, most stable and safest places to do bussiness [April 23 2011]

Sri Lanka now ranks as one of the most stable and safest places to do business, Senior Minister for International Monitory Cooperation Dr. Sarath Amunugama said.

Addressing a group of leading U. S. entrepreneurs he said Sri Lanka was an excellent launching pad to enter major regional markets, in particular India, with fast growing populations and purchasing power. He invited the U. S. businesses to make use of the opportunity.

Minister Amunugama, who headed the Sri Lanka delegation to the IMF/World Bank Spring Meetings said: “The war is a thing in the past, and Sri Lanka now ranks as one of the most stable and safest places to do business. With over 8% growth in 2010 and other numerous macro economic achievements, Sri Lanka is on course join the second tier countries, a grouping which includes economies such as South Africa and Vietnam”.

Sri Lankan Ambassador to the United States and Mexico, H. E. Jaliya Wickramasuriya and the IMF Alternate Director for India, Sri Lanka, Bangladesh and Bhutan, Dr. Nandalal Weerasinge joined Dr. Amunugama at the meeting.