Sri Lanka has officially submitted its application to join the BRICS alliance, marking a strategic step toward enhancing global economic cooperation and partnerships.

Deputy Minister of Tourism Ruwan Ranasinghe emphasized that BRICS membership would significantly boost Sri Lanka’s economic growth, especially in the areas of trade and tourism.

“BRICS represents a vital opportunity for Sri Lanka as a strategically located nation in the South Indian Ocean,” Ranasinghe said, adding that the country aims to strengthen its economic ties and leverage existing free trade agreements, including those with the European Union.

Sri Lanka currently enjoys GSP+ tax concessions and access to over 7,000 products under its Free Trade Agreement with India, positioning it as a valuable hub for international commerce. Ranasinghe noted that BRICS membership would enable member nations to benefit from these trade advantages via Sri Lanka.

On the tourism front, he reported a rise in visitors from Russia, with the island’s South Coast becoming increasingly popular among Russian travelers. Russian entrepreneurs have also begun investing in Sri Lanka’s tourism sector.

Ranasinghe further clarified that Sri Lanka is not merely a seasonal travel destination. “As a tropical island, we offer year-round experiences—from tea estates and national parks to whale watching and cultural sites. Our warm hospitality is a major reason why Russian tourists continue to visit,” he said.