Sri Lanka reconciliation, tackling corruption key to economy: UK Minister

ECONOMYENXT – Sri Lanka is serious about delivering commitments on reconciliation, which is vital for future economic development and tackling corruption, a visiting UK minister said.

"Reconciliation will be the bedrock on which Sri Lanka’s future economic prosperity will be built," UK’s Minister of State at the Foreign and Commonwealth Office Hugo Swire told a business forum in Colombo.

Swire said Sri Lanka was serious about delivering on commitment made at the UN Human Rights Council last year and on tackling corruption. UK was providing training for Sri Lankan officials on combating corruption and bribery.

He said Sri Lanka had exported around a billion sterling pounds of goods to the UK last year, up 36 percent from a year earlier, while importing only about 165 million pounds of goods.

Swire said British businesses were looking to invest and trade more with Sri Lanka and were looking forward to a transparent and competitive bidding.

Deputy Minister of National Enterprise Development Eran Wickramaratne said Sri Lanka imported education services from Britain gaining knowledge and the economic relationship went deeper.

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