Minister Samaraweera in the first diplomatic briefing after elections told the Diplomatic Corps based in Colombo ion Friday that the Government will enact necessary legislation required to create investor confidence without delay.

“But we are aware that legislative reform alone will not reset the investment climate. Therefore, ensuring policy stability and creating a level playing field for all investors is a priority for the new government.”

“The bi-partisan consensus resulting from the National Government, I am sure, will aid in this process.” he added.

Currently Sri Lanka has in place free trade agreements with both India and Pakistan.

The Government is to pursue new trade agreements with foreign countries and aims to set up 45 economic development zones with 11 Industrial and technological zones throughout the country.

It includes Hambantota for ship building and manufacturing, Raigama for consumer and new technology, Maha Oya, Vanni and Killinochchi for manufacturing, Colombo for commercial and monetary services, and Kandy, Jaffna and Galle for IT.