China is pushing Sri Lanka towards the signing of China-Sri Lanka Free Trade Agreement (FTA) signed this year 2023 while there are many issues to be resolved in the agreement,
Foreign Direct Investment will be bringing foreign direct investment for the oil refinery project in Hambantota,which is channeled through the approved local banking system through Inward Investment Accounts (IIA) as per the Foreign Exchange Act and its Regulations in Sri Lanka, the Board of Investment (BOI) said.
