Friday, March 16, 2012

Sri Lanka will be able to lend money to Europe..., says Basil Rajapaksa


Minister of Economic development Basil Rajapaksa says that Sri Lanka will be able to lend money to Europe in the future.
The Minister made this statement during a media briefing to create awareness on the Sri Lanka Expo 2012 Exhibition.

''There has been a 20 percent growth even after the GSP Plus facility was withdrawn. We do not solely depend on Europe. We now have new markets. India is a very lucrative market and it is our closest neighbour. China is also another good market for our products. Now the stronger economy lies in Asia, and not in Europe. Even if the European economy collapses, we would not falter. Even if Europe threatens us, and attempts to harm our sovereignty we will not surrender. Therefore, this is not an issue at all. In the near future we might even provide loans to European countries,'' said the Minister. 

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