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Mother country
Sri Lanka
Group 3
CONTENTS• COUNTRY AT GLANCE• NATURAL & GEOGRAPHICAL ENVIRONMENT - MAP - FLORA & FAUNNA - TOURISTS PLACES SOCIAL & CULTURAL ENVIRONMENT - FOOD -DRESSING - CULTURE -RELIGIONS POLITICAL LEGAL ENVIRONMENT ECONOMIC ENVIRONMENT - INTERNATIONAL TRADE - TRADE AGREEMENTS
National Anthem
National FLAG: Lion Flag
Facts
• Country name: Srilanka -Conventional long form: Democratic Socialist
Republic of Sri Lanka -Conventional short form: Sri Lanka
• Capital: Sri Jayawardenapura- Kotte• Largest City: Colombo• Government type: Republic• Independence: 4 February 1948 (from the UK)
• NATURAL
Environment OF SRILANKA
Map
Flora & Fauna
ELEPHANT
JUNGLEFOWL
BLUE WATER LILY
LION
Places to visit SrilankaElla Nuwara Eliya
Polonnaruwa Adams Peak
Ratnapura where the city of famous Sri pada mountain located is the center of precious stone mining
Geography
• Southern Asia, island in the Indian Ocean, South of India
• Geographic coordinates: 7 00 N, 81 00 E• Is surrounded by the Indian Ocean, the Gulf of
Mannar and the Palk Strait, and lies in the vicinity of India and the Maldives.
• Is a strategic naval link between West Asia and South East Asia.
• Climate: tropical monsoon; northeast monsoon (December to March); southwest monsoon (June to October)
• Natural resources: limestone, graphite, mineral sands, gems, phosphates, clay, hydropower
• Land use: arable land: 13.96% permanent crops: 15.24% other: 70.8% (2014)
• Natural hazards: occasional cyclones and tornadoes
Demographics
78%
13%
8% 0%1%
Ethnic Groups
Sinhalese Tamil MoorsIndian Tamil Others
• Sinhalese 73.8%• Sri Lankan Tamil
13.9%• Moors 7.2%• Indian Tamil 4.6%• Others include
Burgher, Sri Lankan Malay, and Veddah 0.5%,
• Buddhism 69.1%• Islam 7.6%• Hinduism 7.1%• Christianity 6.2%• Unspecified 10%
69%
8%
7%
6%10%
Religion as on 2015
Buddhism Islam HinduismChristianity Unspecified
Population• 21,513,990Languages: Sinhala (official & national language) 74%, Tamil
(official and national language) 18%English is commonly used in government and is spoken competently by about 40% of the population
Age Structure• 0-14 years: 23.9% 15-64 years: 68% 65 years and
over: 8.1% (2015 est.)
POLITICAL &
legal ENVIRONMENT OF SRILANKA
History
• Etymology: Known by various names- Lanka, Ceylon• Some mentions of the country are found in the
Ramayana, the Mahabharata and the books of Gautama Buddha's teachings.
• Cinnamon is native to Sri Lanka and has been found in Ancient Egypt as early as 1500 BC, suggesting early trade between Egypt and the island's inhabitants.
• Civil war
Government
Emblem
• Constitution: Adopted 16 August 1978,
Certified 31 August 1978; Amended 20 December 2001
• Legal system: Mixed legal system of
Roman-Dutch civil law, English common law, and Jaffna Tamil customary law
Maithripala Sirisena
• The president is both the Chief of State and Head of
Government.
• Cabinet: Cabinet appointed by the president in
consultation with the prime minister.
• Elections: president elected by popular vote for a six-year term (two-term
limit)
Foreign Relations
• A founding member of the NAM (Non- Aligned Movement)
• It also is a member of the Commonwealth, SAARC, World Bank, IMF, Asian Development Bank (ADB) and Colombo Plan.
• Closest allies include China, Pakistan, India, Japan, South Korea & Malaysia.
• Sri Lanka and the Arab states of the Persian Gulf (GCC) enjoy strong economic and military ties.
• Sri Lanka maintains good relationships with both Russia and United States
SOCIO-CULTURE
OF SRILANKA
Culture
• The culture of Sri Lanka has been influenced by many things in the past, but has managed to retain much of its ancient, rich aspects. Mostly it has been influenced by religion and colonization by the Dutch, the Portuguese and the British.
Sports
• Sport – Most famous Cricket ,Football (Soccer) and Rugby Union.
• Earliest matches - 1832• BCCSL – governing body• Co-Hosted 1996 and 2011 World Cup• Won in 1996 , runners up in 2007 & 2011
FAMOUS PERSONALITIESPeter Kuruvita Jacklin fernandiz lasith malinga
kumar sangakkara
sanath jayasuriya
• Adventure Sports – White water rafting - Kithulgal
• Boating - Bentota, Bolgoda, Madhu ganga, Koggala
• Trekking - Knuckles Mountain Range• The precious stones such as rubies and
sapphires frequently found in Ratnapura.• Ceylon Sapphire known worldwide
Cuisine
• Influence from India• Staple food – Rice and curry• alcoholic drink-Toddy or Arrack• Spices - different varieties chillies referred to
as amu miris, kochchi miris, and maalu miris (capsicum)and in Tamil Milakaai, among others
Festivals
• The Sinhala and Tamil new year ("Aluth Avurudhu" in Sinhala, "Puththandu" in Tamil) is a very large cultural event on the island. The festival falls in April (the month of Bak)
• There are many other celebrations, like Christmas
•ECONOMIC ENVRINONM
ENT•OF
SRILANKA
Economy
• Trade organizations: WTO and South Asian Free Trade Association (SAFTA)
• GDP: $56 billion (2014 IMF est.) / $140 Billion PPP • GDP Growth: 8.2% (2013)/ 9.5% (2014 est.) • GDP per capita: $5,300 (2014est.) / $7000 USD PPP • Inflation: 3.4% (2013 est.)• Reserves of foreign exchange and gold: $5.63
billion (31 December 2014 est.) • Current Account Balance: $-1.784 billion (2014 est.)
• Central bank discount rate: 7.5% (31 December 2014)
• Commercial bank prime lending rate: 10.91% (31 December 2014)
• Investment (gross fixed): 23.6% of GDP (2014est.
• Industries: processing of rubber, tea, coconuts, tobacco and other agricultural commodities; telecommunications, insurance, banking; tourism, shipping; clothing, textiles; cement, petroleum refining, information technology services, construction
Foreign Investment Policies
Restricted Sectors:• Non bank money lending• Pawn broking • Retail trade with a capital investment of
less than $1 million100% equity:
• For all except a few sectors such as telecom, education, mass transportation, mining, etc
Incentives: Yes, with export requirement and minimum investment
INFRASTRUCTURE
SRILANKAN RUPEE
Export Partners
US
UK
Italy
Germany
Belgium
India
20.5
12.8
5.5
5.3
4.4
4
In %age%
In the year 2014
IMPORT PARTNERS
India
China
Singapore
Iran
17.5
15.9
7.7
7.1
In%age
%
In the year 2014
RECENT VISIT OF PM MODI WITH PRESIDENT SIRISENA• Modi has been proactive about approaching Sri Lanka on
increasing defense cooperation. He and Sirisena have reportedly agreed to expand India-Sri Lanka cooperation on defense and security issues. Modi additionally told the press that he and Sirisena welcome India-Sri Lanka progress in “maritime security cooperation, including in the trilateral format with Maldives.” As demonstrated by his election manifesto, Sirisena is aware of Indian sensitivities toward Sri Lanka’s rapprochement with China. Current trends suggest that cooperation between New Delhi and Colombo should grow on these issues as long as Sirisena is in charge.
RECENT DEVELOPMENT FOR WAY FORWARD
• Removing Tariff Rate Quotas:• a) Garments 8 million pieces in total at Zero duty per
annum• b) Pepper : 2,500 Mt at Zero duty (per annum)• c) Desiccated Coconut : 500 Mt at Zero duty (per
annum)• d) Vanaspati, bakery shortening and margarine:
250,000Mt at Zero duty (per annum)
Product Value in US$ Mn
Motor Vehicles 383.03
Mineral fuels & oils 403.02
Cotton 191.96
Pharmaceutical products 164.54
Knitted and crocheted fabric 93.87
Plastic articles 84.36
Iron & Steel 209.29
Chemicals 55.83
Cement 181.40
Sugar 77.74
Major Imports from India in 2014
Product Value in US$ Mn
Spices 89.11
Natural Rubber & Rubber products 22.07
Poultry Feed 38.38
Insulated wires, cables etc 33.87
Copper & Copper based products 7.54
Refrigerators, freezers and other refrigerating equipment & Machinery
6.65
Paper & Paper products 24.42
Ships, Boats and floating structures
51.83
Fiber board of wood 9.91
Furniture, bedding, mattress etc 15.92
Apparel 34.26
Major Exports to India in 2014
Economic Sectors
Tourism
Tea Industry
Agriculture
Textile and Apparel
SOME FACTS ABOUT SRILANKA
THANK YOU
b.m.s.p.basnyake.B.c.p. weerasiri.W.m.p.t.bandara
Group members