Current Affairs - International - Discussion

The Lanka India Business Association (LIBA) was officially launched in Sri Lanka to strengthen economic collaboration between India and Sri Lanka. This initiative aims to foster trade, investment, and business networking, capitalizing on India’s growing economic influence as it moves towards becoming the world’s second-largest economy by 2075. Sri Lanka’s strategic location and historical trade ties with India make it an ideal partner for deeper economic integration. The formation of LIBA is expected to accelerate the already strong economic relations between the two nations.