Qatar-Sri Lanka joint business council expected by year-end ...Qatar

Qatar and Sri Lanka are expected to establish a joint business council by the third or fourth quarter of this year as part of efforts to strengthen the business and trade relations between the countries. Moreover, Colombo, which is expecting 5.5% growth this year, has sought investments from Qatar especially in the areas of tourism, shipping, logistics and co-operation in the food security, while it has also offered 100% hedge against foreign exchange risks for overseas investors in its local currency bonds. “We are hoping to establish that (the joint business council) so that there will be lot more business to business relations,” Ajith Nivard Cabraal, state minister, Ministry of Money an

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