No doubt, Sri Lanka‘s location is very crucial not only in the Indian Ocean but also all around the world. From a geostrategic view, in terms of shipping, almost two-thirds of the world’s oil and half of the world’s container cargo passes from the south of Sri Lanka. Therefore, Sri Lanka becomes essential for the protection of Sea Lines of Transmissions in the Indian Ocean. Besides that Sri Lanka hosts some harbors that if grown to their full potential can be essential marine crossings in the Indian Ocean.
Sri Lanka’s geographic location and entrance into regional markets add significantly to its financial interest. As the region is a cradle for power projection of significant powers, its location creates it an essential player in the safety and geopolitics of the Indian Ocean Region. If you are a resident of the UAE (United Arab Emirates) and want to visit Sri Lanka for business purposes, it’s important for you to get a Sri Lanka visa for UAE citizens then you are eligible to enter the country.
The current geopolitical contest in the Region:
As the new cold war is being indicated by different experts, and also with the rising significance of the Indo-Pacific there are countless powers like the US, China, India, and UAE (United Arab Emirates) who are curious about Sri Lanka. Colombo has become a significant center of distinguished power politics in the Indian Ocean Region. You can also travel Colombo, the capital of Sri Lanka by simply apply for Sri Lanka online business visa.
However, despite the industry that preserves the economy up, there are some areas for improvement. The primary one existing the high tariffs assessed on the exporting companies. If you are thinking about to make a company in Sri Lanka, then you would visit Sri Lanka. You need a Sri Lanka business visa to go there and you can get Sri Lanka visa for UAE citizens via online process. It is an important factor for UAE because of its crucial location in the Indian Ocean Region in association to significant sea routes of communications and also due to China’s rising clout on the island nation. Once you get Sri Lanka visa for UAE citizens, you eligible for it.
Besides that, you can also get visa transit Sri Lanka by fulfil the Sri Lanka transit visa requirements.
Facts of Sri Lankan’s economy:
Before appling for Sri Lanka visa for UAE citizens, you must understand the facts and figures about Sri Lankan’s economy. After that you should get business visa Sri Lanka.
- Sri Lanka’s GDP per capita earned USD 4,067, ranks 112th in a census of 180 countries.
- In terms of human growth index, the country is 0.770. This represents that the standard of living in Sri Lanka is increased.
- The unemployment rate in Sri Lanka was stable at 4.4%,which is a rather low value for its population.
- Sri Lanka has an comfort of accomplishing business rank of 100, which makes it easy to do business models.