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A Norwegian team of consultants are due this week to negotiate funding for coastal economy development, Finance Minister, K N Choksy told Lanka Business Online.

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rnrnldblquote The project will not be limited only to North and East. The Norwegian team will evaluate the entire coastal belt of Sri Lanka for potential development projects
dblquote , minister Choksy said.

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rnrnThe ongoing peace process has received commendations from the international donor agencies.

rnrnYesterday, Asian Development Bank President Tadao Chino declared the bank
quote s commitment to fund rehabilitation efforts in the North and East.

rnrnDespite economic euphoria created by the expectations of peace, nationalist hardliners continue protest against the Norway
quote s involvement in the negotiations, alleging the facilitators are upgrading a terror organisation to a legitimate army through the peace process.rn

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