The agreement period of marketing and investment framework between Sri Lanka and Australia has been approved to be extended by another five years.

Australia is one of the key direct overseas investment stakeholders of Sri Lanka while being the 05th source of tourist destinations.

A marketing and investment framework agreement was signed between Sri Lanka and Australia in 2017 with the vision of promoting bilateral marketing and investment between the two countries.

The Cabinet has agreed to the proposal submitted by the Minister of Trade to extend this agreement for another five years from 10.10.2023 so that the marketing and investment cooperation can be continued uninterrupted as mentioned in the said agreement.