Overseas Companies: Sri Lanka
The question
To ask the Secretary of State for Business and Trade, what discussions he has had with Sri Lankan authorities on strengthening business relations for British citizens who have set up companies in Sri Lanka.
Answered by Mr Douglas Alexander
DBT has a team dedicated to supporting the UK-Sri Lanka trade and investment relationship. Officials have regular contact with Sri Lankan authorities through the annual UK-Sri Lanka Strategic Dialogue to promote areas of mutual interest, including bilateral discussions on trade and investment.
My officials use programmes and levers to strengthen business relations for UK companies, including working closely with the Council for Business with Britain to support the removal of barriers to trade, and the Developing Countries Trading Scheme, which cuts tariffs and simplifies trading rules for Sri Lankan exports to the UK.
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