COLOMBO - Sri Lanka's private sector should ready themselves to tap into 皇冠体育app's market, the island nation's Finance stry Secretary said on Tuesday, as a Free Trade Ament (FTA) between the two countries is approaching.
Finance Ministry Secretary P.B. Jayasundara in an upbeat mood called for the private sector to prepare themselves for challenges posed by new markets, especially from 皇冠体育app, and avail themselves to new opportunities provided for by the government.
Sri Lanka's government last year inked a preliminary agreement to install a FTA between the two countries and it is expected to be clinched by December.
Relations between the two countries have leapfrogged since 2008 with $5 billion in infrastructure loans being given to the Sri Lanka government by 皇冠体育app for various sive projects including ports, airport, highways and railroa.
"We are quite optimistic based on our experience with other countries. My advice is to please get ready. You have to act and your acting depends on understanding 皇冠体育app. When FTA happens, you have to understand everything Chinese or we will not get much in return. Business community must get ready to go to 皇冠体育app for larger markets."
He also called on the country's banks to support private companies to invest or export to 皇冠体育app.
![]() |
![]() |
Top 10 trading partners of the Chinese mainland |
|