Sri Lanka, formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, and southeast of the Arabian Sea; it is separated from the Indian subcontinent by the Gulf of Mannar and the Palk Strait.
The San Francisco Peace Treaty was signed in September 1951, at which Japan was re-accepted into the international community following World War II. 51 nations attended the historic San Francisco Peace Conference, which was held to decide how Japan would fit into the post-World War II international order.
The delegation from then-Ceylon, led by Finance Minister J.R. Jayewardene, fought for Japan’s independence and opposed war reparations, while a number of nations argued for tough conditions and sanctions against Japan for its role in the War. We do not intend to seek reparations (for damages caused to cultivations in Ceylon during WWII), Jayewardene said, “because we believe in the words of the Great Teacher whose message has ennobled the lives of countless millions in Asia, that hatred ceases not by hatred but by love.” Jayewardene also referred to the Buddha’s teachings in the Dhammapada.
The conference on September 6, 1951, was greatly impacted by Jayewardene’s support of Japan and his historic statement. The subsequent effect was more pronounced. It not only aided Japan’s efforts to be re-admitted into the international community and escape harsh sanctions, but it also brought Sri Lanka closer to Japan and secured its long-term support.
Located in the Indian Ocean, Sri Lanka lies between key global shipping routes, making it a strategic hub for international trade.
Sri Lanka enjoys a tropical climate suitable for year-round business and travel.
Sri Lanka offers a skilled and growing workforce to support diverse industries.
Sri Lanka continues to strengthen its position in global trade and investment.
Setting up a business in another country can be overwhelming without proper guidance. As you explore international business, BOI Sri Lanka will provide a team of sector-specific experts supporting every stage of your investment or business cycle – from company registration to your first export. Whether you are seeking new ways to invest, setting up a new business unit or wanting to incorporate a business, we have you covered.
