The Democratic Socialist Republic of Sri Lanka (formerly Ceylon before 1972) is located in South Asia, about thirty-one kilometers from the Southern coast of India.
Population of Sri Lanka: 21 million people
Sri Lanka is in 102 position out of 182 countries in the Human Development Indicators, ahead of Argentina (105), Vietnam (116th), Indonesia (111), India (134), Pakistan (141), and Bangladesh (146)
Sinhalese constitute 74% of the population
The two official languages of Sri Lanka are Sinhala and Tamil
The Democratic Socialist Republic of Sri Lanka has a strategic location in Southern Asia, in the centre of one of the principal marine routes between Europe and the Far East: The Indian Ocean
Sri Lanka has a relatively modern industrial economy and one of the highest levels of per capita income in the South Asian region
Sri Lanka has positioned as a regionallogisticscentre and International Trade hub
The services sector of Sri Lanka generates 60% of the GDP
The main sectors of the Sri Lankan economy are telecommunications, trade, logistics and transport, and financial services
Sri Lanka Multimodal Transport Project
Brandix is the leading import apparel producer in Sri Lanka
Sri Lanka Telecom is one of most valuable blue chip companies in Sri
Lanka
International Trade of Sri Lanka.
Sri Lanka is known worldwide for tea, coffee, coconuts, and rubber
exports
The vision of the former President Rajapaksa (Mahinda Chintana) wishes to open the economy to the Globalization process, attracting the foreign direct investment and establishing Free Trade Agreements with the strategic partners
Exports of Sri Lanka: 7 billion dollars
Top Sri Lankan exports products are garments, tea, rubber products, coffee,
jewelry and gems, refined petroleum, and coconuts
Top Sri Lankan export markets are the U.S., the UK, and India
Imports of Sri Lanka: 9.6 billion
The largest suppliers of Sri Lanka are India, Singapore, Hong Kong, Iran, Malaysia, Japan, the UK, the Emirates, Belgium, Indonesia, South Korea, and the U.S.
Free trade zones in Sri Lanka are one of the pillars of economic development and foreign direct investment source (FDI).
Malaysia is the largest investor (55 million dollars)
Other notable investors in Sri Lanka are the UK, Singapore, and Hong Kong
50% of all the Indian investments in the South Asian Association for Regional Cooperation countries are invested in Sri Lanka