12. Objects of the Economic Commission

The objects of the Economic Commission shall be-

to contribute to the creation and maintenance of a robust investment climate, the promotion and facilitation of sustainable foreign direct investment which will stimulate international trade by the increase of exports and increase employment opportunities for the citizens of Sri Lanka;

to evaluate the need for Investment Zones in Sri

to promote and enable the ease of doing business for investors, investments and exporters;

to determine the investments which are of strategic importance which include significant inflows of foreign exchange into Sri Lanka by way of foreign direct investment, the export of goods and services, and large-scale employment within Sri Lanka, and which result in significant benefits to the overall development of the economy;

to review and recommend incentives to the Minister for the promotion of investments which are determined by the Economic Commission under paragraph (d) to be of strategic importance;

to facilitate a smooth and efficient process for enabling investments;

to expand and strengthen Sri Lanka’s economy by facilitating investments and formulating policies which will stimulate international trade by the increase of exports, thereby diversifying the sources of foreign exchange and increase of export earnings and to recommend such policies to the Cabinet of

to encourage and foster the establishment and development of industrial and commercial enterprises within Sri Lanka.