📈 Sri Lanka and Lithuania Partner to Accelerate Digital Economy & GovTech

• Bilateral Cooperation: Sri Lanka’s Ministry of Digital Economy and Lithuania’s Ministry of Foreign Affairs held high-level discussions in Colombo to boost strategic cooperation in public sector digital transformation, tech transfer, and regulatory frameworks. • National Digital Targets: Sri Lanka reaffirmed its commitment to building a US$ 5.0 Bn digital economy, driven by FinTech innovation and startup ecosystem acceleration. • GovTech & AI Collaboration: Sri Lanka aims to adapt Lithuania's GovTech Lab framework (€16.4 Bn startup ecosystem) to modernize public services, alongside plans to establish an AI Training Centre, upgrade the national Data Centre, and roll out a Digital ID by 2027 using open-source Digital Public Infrastructure. • Infrastructure & Connectivity: Discussions highlighted Sri Lanka's 96% 5G network coverage and ongoing rural broadband expansion. Future technical dialogues will cover EMI licensing, FinTech regulation, and private 5G experimental licenses. • Global Engagement: Lithuania invited Sri Lanka to the Digital Tech Summit in Vilnius in 2027, focusing on AI, cybersecurity, and GovTech leadership.