Sri Lanka, Dec. 10 -- Minister of Tourism and Aviation and Industrial Exports, Prasanna Ranatunga said that he would take the recent Treasury directive of banning the importing of garbage for reprocessing and re-export very seriously.

This is in the aftermath of certain corporate being detected and accused guilty of such an illegality.

The Minister was of the view that the BOI too has to be more active in attracting investors of high esteem. Foreign investors also lost confidence in Sri Lanka due to short sighted economic policies and lack of political stability. "Due to this FDIs hit a major tumbling block and some of the BOI agreements that were signed never took off."

There were also bogus eye wash BOI agreements such as the much ta...