Royal Pac Printcare Lanka (Private) Limited has signed an agreement with the Board of Investment (BOI) to establish an operation for the manufacture of apparel labels and packaging material for the apparel industry of Sri Lanka.
The Economic Development Ministry has allocated Rs.1,723 million for developing the Monaragala District in the Uva Province under the House-to-House, Village-to-Village National Economic Development Plan.
Prime Minister D.M. Jayaratne said in Parliament today (11) that the government had not taken any action to control the nongovernmental organizations but reminded them to adhere to certain principles which those organizations had agreed to follow when they had been formed.
The historic Sri Lanka-Belarus Joint Commission on Trade and Economic Cooperation successfully concluded today 10 July in Colombo. Thanks to the meet, the first ever Lanka-Belarus vehicle manufacturing venture is now a reality-with more Belarusian investments on the pipeline. “With the success of this event, without any doubts we are now at a new level of close cooperation with Sri Lanka. As a result of today’s positive outcome we are now planning to bring both our Foreign Minister and President of Belarus to Sri Lanka as the next step in our on-going cooperation efforts” said B. Rybakov, Deputy Minister of Foreign Affairs of Belarus, Thursday (10).
The first ever Sri Lanka-Belarus official trade talks commenced in Colombo on 09 July amidst avowed assertions from both sides towards forging sustainable trade links while making inroads to the huge ‘New Asian; and upcoming Eurasian Union markets. And the first Colombo talks have now paved the way for a prospective future visit of President of Belarus to Sri Lanka.
First ever bilateral trade meet between Sri Lanka and a key member of upcoming Eurasian Economic Union (EEU) starts tomorrow 09 July in Colombo. “Our newest trade effort with Balarus strengthens the historic relations and more importantly, gives us direct access to the world’s newest single economic market” said Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) onTuesday (08).