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US investors concerned over human rights

[The Sunday Leader.lk, Wednesday, 18 January 2012 16:37 No Comment]

Holly Vineyard The United States says US investors are concerned over the human rights situation in Sri Lanka but the issue will not have a major impact on trade ties between both countries.

US Deputy Assistant Secretary of Commerce for Africa, the Middle East and South Asia, Holly Vineyard said that the US is looking at increasing trade with Sri Lanka.

The US official was speaking to a group of journalists at a round table discussion on Wednesday following meetings she had with the Sri Lankan government and business representatives in Colombo.

Asked about China’s involvement in Sri Lanka Vineyard noted that her government welcomes competition from anywhere in the world.

She said that the US was highly impressed with the growth rate of the Sri Lankan economy and they were looking at engaging more with the island nation.

Vineyard also said that some investors are likely to open franchises in Sri Lanka in the future.

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