Sri Lanka, Sept. 12 -- Says the progressive approach will allow disputes to be addressed in stages, prioritising amicable settlement even before resorting to arbitration Asserts the effort reflects Sri Lanka's determination to provide investors with confidence, neutrality, and enforceability Acknowledges the reforms are critical as Sri Lanka seeks to sustain renewed investor confidence following US$ 1 billion in FDI inflows over the past year Stresses the importance of regional collaboration By Shabiya Ali Ahlam

Sri Lanka is overhauling its investor agreements with a three-tier dispute resolution mechanism, negotiation, mediation, and arbitration, as part of efforts to strengthen foreign investor confidence, the Board of Investment (BOI)...