Sri Lankan Ambassadors and High Commissioners appointed – Prof Arusha Cooray of Sydney Australia Appointed as Ambassador to Norway ...
The FTA with Singapore and what it means for Sri Lanka – By Prof. Arusha Cooray President Maithripala Sirisena and Singapore Prime Minister Minister Lee Hsien Loong watch as Development Strategies and International Trade Minister Malik Samarawickrama and Singapore’s Trade and Industry Minister S. Iswaran sign the free trade agreement between the two countries Sri Lanka and Singapore signed the Sri Lanka-Singapore Free Trade Agreement (SLSFTA) on 23 January. This is a comprehensive Free Trade Agreement which covers goods, services, e-commerce, telecommunications, foreign direct investment, intellectual property and public procurement. Under the SLSFTA, Sri Lanka will progressively dismantle tariffs on 80% of Singapore’s exports over the next 15 years. This agreement is a significant step forward towards establishing stronger economic and politicalties between the two nations. Prof. Arusha Cooray In 2017, Sri Lanka’s bilateral trade with Singapore was valued at $2.7 billion, accounting for approximately 2.5% of GDP, while Singapore’s ...
Mirror Business interview with Prof Arusha Cooray Lack of fiscal discipline has plagued Lankan governments over the years: economist – Dr. Arusha Cooray Mirror Business conducted an email interview with Dr. Arusha Cooray, the Lankan born Professor of Economics at the Nottingham University Business School (Malaysia), over the current economic situation of Sri Lanka. Dr. Cooray’s work is widely published and she is one of the leading academics in the field of economics Sri Lanka has produced. Sri Lanka’s economy is currently undergoing extremely testing times amid depleting foreign reserves, an unsustainable debt pile and a looming balance of payment (BoP) crunch. The bad economic policies of successive governments are at fault for the current predicament the country is in, but the present global economic developments also haven’t been in favour of the US $ 82 billion economy. Following are the excerpts of the interview. What is your opinion of ...
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