Sri Lanka's unpredictable policies driving away foreign investors, says US State Dept report

IANS | September 30, 2025 8:03 PM

Colombo, Sept 30 (IANS) A US Department of State report highlights the withdrawal of Adani Green Energy from a proposed $400 million wind energy project in Sri Lanka as a reflection of the challenges faced by foreign investors due to the inconsistent policies of the President Aruna Dissanayake-led government that came to power in the island nation in 2024.

India-EFTA trade pact aims $100 billion investment, 1 million direct jobs from Oct 1

IANS | September 30, 2025 5:55 PM

New Delhi, Sep 30 (IANS) As the India-European Free Trade Association (EEFTA) Trade and Economic Partnership Agreement (TEPA) comes into effect from October 1, the India-EFTA Desk has been inaugurated as a single-window platform to facilitate EFTA investments in renewable energy, life sciences, engineering, and digital transformation, while fostering joint ventures, SME collaborations, and technology partnerships, the government said on Tuesday.