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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 890

“Global race, becoming ever more fierce between emerging and emerged economies” - Minister Alistair Burt

Colombo, 02 February, (Asiantribune.com):

British High Commissioner to Sri Lanka, John Rankin, hosted a Burns’ Night reception at his residence on Thursday, 31 January, 2013, to welcome visiting Foreign Office Minister Alistair Burt and mark the birthday of the Scottish poet, Robert Burns (a day celebrated annually in January all over Scotland).

Many members of the local business community attended the gathering, which was also an opportunity to celebrate Scottish whisky.

The Minister welcomed everyone present and talked about the strong trade relationship between Sri Lanka and the UK. Over 100 UK companies are active in Sri Lanka – particularly in the areas of education, construction and garment manufacturing – and there was a 12% increase in Sri Lankan exports to the UK in 2012.

The Minister added, “Today, more than ever, we need our companies to compete in what the British Prime Minister, David Cameron, has called the global race, where competition is becoming ever more fierce between emerging and emerged economies.”

He emphasized that it is up to all countries to ensure their economies are transparent, fair and straightforward for potential investors.

- Asian Tribune -

“Global race, becoming ever more fierce between emerging and emerged economies” - Minister Alistair Burt
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