Raw Materials Need
Sri Lanka and the Arab states of the Persian Gulf (GCC) enjoy strong economic and military ties. This is reflected in the fact that more than 90% of the oil consumed by Sri Lanka comes from the Persian Gulf countries and Sri Lankan nationals form one of the largest expatriate communities in the Arabian Peninsula. Sri Lanka is one of the largest trading partners of the GCC. The Gulf countries have also played an important role in addressing Sri Lanka's energy security concerns with Saudi Arabia and United Arab Emirates regularly increasing their oil supply to Sri Lanka to meet the country's rising energy demand. In 2008, United Arab Emirates decided to invest in Sri Lanka's energy sector.
Read more about this topic: Foreign Relations Of Sri Lanka
Famous quotes containing the words raw materials, raw and/or materials:
“In how few words, for instance, the Greeks would have told the story of Abelard and Heloise, making but a sentence of our classical dictionary.... We moderns, on the other hand, collect only the raw materials of biography and history, “memoirs to serve for a history,” which is but materials to serve for a mythology.”
—Henry David Thoreau (1817–1862)
“—‘I wish I had feathers, a fine sweeping gown,
And a delicate face, and could strut about Town!’—
‘My dear—a raw country girl, such as you be,
Cannot quite expect that. You ain’t ruined,’ said she.”
—Thomas Hardy (1840–1928)
“In daily life what distinguishes the master is the using those materials he has, instead of looking about for what are more renowned, or what others have used well.”
—Ralph Waldo Emerson (1803–1882)