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Tea exporters urge:
Make Lanka a global hub
A fundamental shift in the global tea trade is
threatening the strong position of the Ceylon Tea in the global
market, the Tea Exporters Association warned.
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Russian Foreign Minister scores a first:
Landmark visit to fortify bilateral ties
Sri Lanka reached another historic milestone in
her diplomatic relations with the first state visit by a Foreign
Minister of the Russian Federation when Sergey Lavrov arrived in the
country. His visit will further strengthen bilateral, political and
socio-economic ties between the two countries.
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Tax structure needs to be reformed
Sri Lanka has the capacity to increase revenue
to 17% of GDP by end 2011 and thereafter by about 0.75% each year
for the next three years but to get closer to this goal there are
some areas of concern in the tax system that need to be addressed to
said Executive Director IPS Dr. Saman Kelegama.
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