Sri Lanka, then called “Ceylon”, gained its independence from the British on 4th February 1948. Sri Lanka hosted the World Economic Development Forum 2016 in Colombo, highlighting the nation’s openness to international business and setting a path towards an improved business environment. Sri Lanka has already operational FTAs with Pakistan and India, while negotiations are underway for FTAs with Singapore and China. It is evident that through these agreements, Sri Lanka provides a stepping stone to reach out to a huge market. Sri Lanka was nominated one of the top 10 destinations to visit in 2016 by the Lonely Planet magazine.

Source: Viet Nam News February 04, 2017 01:00 UTC