Gotabaya Rajapaksa invites Indian companies for investment in the country

Sri Lankan President Gotabaya Rajapaksa has invited Indian companies for investment in the country. In a message, he called upon India and China to place their trust and invest in Sri Lanka’s future while respecting its sovereignty. Sri Lankan President since taking over last month, has been calling upon global powers including India, Japan and Australia to bring investments and not to allow them to be dependent on China only.

Mr. Gotabaya visited India on his first



overseas trip last week where a fresh line of credit of 450 million US dollars was announced. Sri Lanka was considered close to China during the regime of former President Mahinda Rajapaksa, elder brother of Gotabaya and there are concerted efforts to change the impression under the current regime. Mr Rajapaksa said in an interview that they will try to renegotiate the Hambantota port deal with China, which was given to a Chinese company on 99 year lease.