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Optimism among Swedish companies working with Sri Lanka

Sunday Island

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March 30, 2025

Growth in the last five years, growth in 2024 and optimism for 2025. These are some of the key findings from the Sweden-Sri Lanka Business Council's (SSLBC) 2025 Membership Survey, a news release from the organization said last week.

Optimism among Swedish companies working with Sri Lanka

The results are also a reflection of the increasing interest for Sri Lanka among Swedish companies. In two years, the number of members of SSLBC has grown from 75 to 100.

-The results are encouraging. Our members have developed their business relations with Sri Lanka in recent years. We are also noticing a general increase in interest from the Swedish business community for Sri Lanka. The results should also be seen in the light of Sri Lanka's fiscal recovery since 2022. At the same time, the visa issue continues to be raised by our members, both for business visits and conferences or fairs. Action is needed by the relevant authorities," says Leif I Ohlson, Secretary General Sweden-Sri Lanka Business Council.

The member survey was conducted in February 2025. In total, it was answered by 50% of the members. Respondents include companies active in IT, manufacturing, consumer goods and food, and tourism. Three out of four have been operating in or with Sri Lanka for at least three years. The number of members of SSLBC have grown in the last two years, from 75 to 100.

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