Sri Lanka’s Apparel Exports at Risk as EU GSP+ Review Nears Amid Rights Concerns
Sri Lanka’s apparel industry, already shaken by recent U.S. tariff announcements, now faces fresh uncertainty as the European Union prepares to review the.
Global Affairs
Covering international economic developments, trade relations between countries, and geopolitical events that impact the global economy.
Trade Relations
International Economic Developments
Regional Connectivity Gets a Boost: New Pamban Bridge Rekindles India-Sri Lanka Rail Dreams
Six decades after a cyclone severed the Chennai-Colombo route, the newly inaugurated Pamban Bridge revives hope for stronger regional connectivity between India and.
- April 10, 2025
Trade Relations
Sri Lanka’s Hayleys Acquires 10.83% Stake in DIMO, Strengthening Business Ties
Sri Lanka’s Hayleys Acquires 10.83% Stake in DIMO, Strengthening Strategic Partnership ECONOMYNEXT – Hayleys PLC, one of Sri Lanka’s leading diversified conglomerates, has.
- April 9, 2025
Trade Relations
Russia-Sri Lanka Forum Explores New Trade and Banking Opportunities
The National Chamber of Commerce of Sri Lanka recently hosted a roundtable discussion to explore ways to boost trade, commerce, and banking ties.
- April 4, 2025
International Economic Developments
Sri Lanka, Switzerland Boost Trade Ties Through Strategic Talks
The Sri Lanka Export Development Board (EDB) recently hosted a high-level meeting with Swiss officials to advance bilateral trade relations. Ambassador of Switzerland.
- April 4, 2025
Trade Relations
Sri Lanka Apparel Industry Urges Government Action on U.S. Tariffs
Sri Lanka’s apparel industry has raised significant concerns about the new Reciprocal Tariff policy introduced by the U.S. government earlier today. The proposed.
- April 4, 2025
Trade Relations
UK Trade Commissioner for South Asia Embarks on First Visit to Colombo
His Majesty’s Trade Commissioner (HMTC) for South Asia, Harjinder Kang, is visiting Colombo from 21 to 23 January 2025 to strengthen commercial ties.
- January 22, 2025
Trade Relations
Sri Lanka and Bangladesh Strengthen Bilateral Trade Ties
The High Commission of Sri Lanka in Bangladesh is ramping up efforts to strengthen bilateral trade ties between the two nations. High Commissioner.
- December 13, 2024
Trade Relations
Foreign Investors Explore Investment Opportunities at Trincomalee and Hambantota Ports
As part of the Voyage Sri Lanka 2024 initiative, a group of 20 potential foreign investors from diverse countries, including India, Saudi Arabia,.
- November 26, 2024
Trade Relations
UAE, COYLE to Boost Trade, Tech, and Tourism Ties
At a recent roundtable discussion organized by the Chamber of Young Lankan Entrepreneurs (COYLE), UAE Ambassador to Sri Lanka Khaled Nasser Al Ameri.
- November 21, 2024