Two-way trade is growing strongly at 9.5 per cent year-on-year to 1 million (2015).
More information on Development Assistance to Sri Lanka.
Consequently, it remains a criminal offence under Australian law to use or deal with assets owned or controlled by the LTTE, or to provide assets to the LTTE, whether directly or indirectly.
In November 2015, the Sri Lankan Government de-listed eight of the 16 diaspora organisations it had banned in March 2014 under UNSCR 1373 for purported links to the LTTE.
Australia and Sri Lanka cooperate closely to counter people smuggling through the Australia-Sri Lanka Joint Working Group on People Smuggling and Other Transnational Crime and the Bali Process on People Smuggling, Trafficking in Persons and Related Transnational Crime.
In 2014, Australia donated two Bay Class vessels to Sri Lanka to strengthen the Sri Lankan Navy’s existing capability to intercept people smuggling ventures originating in Sri Lankan waters.