Sri Lanka’s economic recovery, trade, investment and the development partnership were at the top of the agenda as Sri Lankan Foreign Minister Ali Sabry met with External Affairs Minister S. Jaishankar in Delhi on March 4. Speaking to The Hindu earlier, the Sri Lankan Foreign Minister said that his government’s focus is on the IMF … Read more
Sri Lankan Prime Minister Mahinda Rajapaksa resigned on Monday, hours after his supporters attacked anti-government protesters outside embattled President Gotabaya Rajapaksa‘s office, leaving at least 78 people injured and prompting authorities to impose a nationwide curfew and deploy army troops in the capital. At least two Cabinet ministers have also announced their resignations. Prime Minister … Read more
The tea industry is bracing for a decline in exports to the tune of 30-40 million kg this year as compared to 2020, due to the availability of low-cost varieties in the global market and amid trade restrictions in countries that have traditionally been strong importers, industry sources said. The coronavirus-induced economic downturn in much … Read more