Overseas Companies: Sri Lanka

(asked on 3rd January 2025) - View Source

Question to the Department for Business and Trade:

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
Douglas Alexander Portrait
Douglas Alexander
Minister of State (Department for Business and Trade)
This question was answered on 9th January 2025

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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