INSUBCONTINENT EXCLUSIVE:
The United States Ambassador to Sri Lanka Julie Chung mentions that if the brand-new federal government can strengthen the investment
climate, implement anti-corruption steps, and reinforce business-friendly governance and openness, there is capacity for bring in more
worldwide manufacturers to buy the country.Joining the groundbreaking event for Indiana-based SHIELD business brand-new seatbelt factory in
Sri Lanka, the US Ambassador said that SHIELDs choice to move its center in China to develop a production facility in Sri Lanka is a
testimony to the growing interest of U.S
financial investment in Sri Lanka.The United States is currently the biggest export market for Sri Lanka, and its fantastic to see higher
financial investment directly here, also
We want to see even greater bilateral trade and financial investment expand both methods the years to come, she added.Speaking even more
during the occasion, Ms Chung included: Manufacturing moves like this one, driven by consumer demand to diversify supply chains, represent a
fantastic opportunity for Sri Lanka
If the new federal government can reinforce the financial investment climate, implement anti corruption steps, and reinforce
business-friendly governance and openness, there is capacity for a lot more manufacturers to make similar moves.Youve heard the phrase: If
you develop it, they will come
I strongly think companies will come if the financial investment climate is strong
And that suggests more jobs, success, more R&D for Sri Lanka.The collaboration between the United States and Sri Lanka is developed on
shared objectives and shared respect
From increasing farmers crop yields to, broadening the school lunch program to deal with the urban bad in Colombo, to strengthening Sri
Lankas maritime security, our partnership is driven by a common vision: enhancing lives, fostering financial development, and guaranteeing
regional stability, the US Ambassador highlighted.
