Sri Lanka Maintains Firm Position on Adani Investment Policies

Sri Lanka reaffirms its position on investment proposals from Adani Enterprises Ltd, emphasizing the need for renegotiation of rates. The government is keen on diversifying its investment sources to ensure a fair deal for its citizens and reduce reliance on a single country for economic growth.

Sri Lanka remains resolute in its approach towards investment negotiations with Adani Enterprises Ltd, as confirmed by a cabinet spokesperson. While the country is open to welcoming investment opportunities, it insists on renegotiating rates to secure beneficial terms.

The government aims to diversify its investment partners, minimizing dependence on any single nation. This move is part of a broader strategy to safeguard Sri Lanka's economic interests.

Officials emphasize their commitment to ensuring that any international investment is advantageous to the local populace, aligning with the country's economic policies and growth objectives.

(With inputs from agencies.)