Connect with us

Business

Sri Lankan PM eyes trade with India,China

Published

9 years ago

on

srilankaColombo:Sri Lanka aims to strengthen its economy and move the country forward by entering into bilateral agreements with several countries including India and China, Prime Minister Ranil Wickremesinghe said here on Saturday.

Wickremesinghe said the hour arrived for Sri Lanka to be once again the economic hub it was in the ancient world on the Silk Route, Xinhua reported.

He further said that his government was in the final stages of formulating the Economic and Technology Cooperation Agreement (ETCA) with India and were also reviewing a Free Trade Agreement (FTA) with China.

Additionally, his government was also looking at entering into such partnerships with Singapore, Turkey, USA and Pakistan.

“Our end goal is the creation and sustenance of a dynamic and thriving economic hub that will generate thousands of jobs,” he said.

Sri Lanka is also planning to regain the Generalised System of Preference (GSP) Plus trade concessions from the EU after it was withdrawn from Sri Lanka as the island nation failed to meet certain conditions on human rights issues in 2010 when Mahinda Rajapakse was president.

The Sri Lankan government was currently in discussions with the EU and are confident to regain the trade concessions this year.

Meanwhile Wickremesinghe also welcomed the decision by the EU this week to lift a ban on Sri Lanka’s fish exports which he said is a significant step towards reaping economic benefits for Sri Lanka and will fuel the growth potential of the fishing industry in the country.

The European Commission decided to lift of the ban on fisheries exports from Sri Lanka to the European Union, stating that Sri Lanka now had a robust legal and policy framework to fight illegal fishing activities.

The Sri Lankan government said that it was facing a loss of over $100 million per year because of the ban.

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

on

May 5, 2022

By

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending