Sri Lanka, April 11 -- The trade figures between Sri Lanka and Myanmar in 2018 was around USD 80 million, Ambassador of Myanmar, Han Thu said yesterday.

Health care, cosmetics, food and beverages, banking, IT and shipping are the main sectors fromSri Lanka that could to invest in Myanmar. The laws and policies in Myanmar enable foreign companies to carryout retail, whole sale and education business. It also enables foreigners to buy shares in local companies. Further more investors could lease lands for a period of 75 years which again increases the demand to invest in the country. It is also possible to establish a company in Myanmar within two to three months after all initial procedures are completed.

The ambassador said that transpo...