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The Ceylon–China Trade Agreement of 1952, also known as the Rubber-Rice Pact, was an international trade agreement between the People's Republic of China and the Dominion of Ceylon (now known as Sri Lanka), signed on 18 December 1952 and lasting for 30 years. It proved to be the cornerstone of the early years of diplomatic relations between ...
China has been a significant provider of foreign aid to Sri Lanka for infrastructure funding since the end of the Sri Lankan civil war in 2009. [22] Because China runs a trade surplus with Sri Lanka, both sides of the bilateral relationship view Chinese foreign aid as a means of ensuring the relationship remains mutually beneficial. [22]
In 2007 a two-way trade agreement was created between Australia and Sri Lanka valued at $232 million a year. The trade agreement includes exports from Australia such as vegetables and dairy products. Tea and other foods, textiles, clothing, rubber, iron and steel which are the main imports from Sri Lanka.
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Foreign relations of Sri Lanka refers to the diplomatic and commercial relations between Sri Lanka and other countries. Sri Lanka has stressed its principle of "friendship towards all, enmity towards none" in its diplomacy. Sri Lanka since the 1950s has followed a non-aligned foreign policy, which does not take sides with major powers. [1]
1985; 40 years ago () (as Colombo Stock Exchange) Key people: Dumith Fernando Rajiva Bandaranaike : Currency: LKR: No. of listings: 296 companies representing 19 business sectors (as at 31 October 2021) Market cap: Rs 5,489 billion (2021) [1] Indices: All Share Price Index (ASPI) S&P Sri Lanka 20 Index (S&P SL20) Website: www.cse.lk
Germany is the fourth most important export market for Sri Lanka. [2] In 2021, the value of German imported goods from Sri Lanka, which mainly consist of rubber, tea and textiles, was 864.5 million euros. German exports of machinery, electrical and chemical products, and motor vehicles, amounted to 265.6 million euros. [3]
The 20 companies that make up the index is determined by Standard & Poor's global index methodology, according to which the index's listing is reviewed each year. [2] All S&P SL20 listed stocks are classified according to S&P and MSCI 's Global Industry Classification Standard , thereby enabling better comparison of performance of Sri Lanka's ...