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US State Dept flags Sri Lanka’s difficult investment climate, cites policy inconsistency

Colombo, Sep 30 : Sri Lanka’s foreign investment policy is inconsistent and is marred by unnecessary regulations, legal uncertainty and poor bureaucratic responsiveness, the US Department of State said, citing Adani group’s pullout of a USD 400 million renewable energy project in the island nation. In its 2025 Investment Climate Statements, the department said Sri […]
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