Lord Mayor of London calls for early elections in Sri Lanka
COLOMBO (EconomyNext) – Lord Mayor of the City of London, Alan Yarrow who visited the Colombo Stock Exchange has called for early elections to get business moving, a statement said.
"Colombo no doubt has a very exciting future ahead of itself," he was quoted as saying in a CSE statement after ringing the opening bell at the Colombo bourse.
"If I look back at what things looked like just a year ago – you would not have imagined the opportunities that have opened up for foreign direct investment to the country and the attitudinal changes taking place because of your new government.
"Let us get the elections over quickly and move forward more quickly."
The Lord Mayor who leads London’s financial district area and serves as a financial ambassador is also the chairman of the UK-based Chartered Institute for Securities and Investment (CISI).
"The Sri Lanka has had a long standing relationship with Britain in terms of infrastructure, economy and culture," Chairman, Colombo Stock Exchange Mr. Vajira Kulatilaka said.
"Similarly the Colombo Stock Exchange has continued a relationship with the London Stock Exchange in terms of technology development and investment relations." London Stock Exchange runs on technology developed in Sri Lanka.