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Sunset at the Colombo Port. Sri Lanka’s exports
declined 10 percent during the first ten months of 2009 while
imports declined more sharply by almost 30 percent. Both exports and
imports are expected to pick up this year, widening the trade
deficit which was contracting for most of 2009. While remittances
and foreign investments have improved, especially after the war,
economists say Sri Lanka’s export sector should be strong enough to
lead the way to sustainable development. |
