Sri Lanka High Commission invites Indian industrialists

Wednesday, 02 May 2018 - 15:48

Sri Lanka High Commission in New Delhi organized a Roadshow followed by a business interactive session for the members of the BRICS Chamber of Commerce & Industry under the theme “Sri Lanka Partnering with India for Prosperity”, at the High Commission premises.
The main focus of the Roadshow was to promote the Sri Lanka Investment and Business Conclave 2018 which is to be held from 19 to 21 June 2018 in Colombo. 
At the business interactive session, the High Commissioner Chitranganee Wagiswara welcomed the members of the BRICS Chamber of Commerce & Industry and highlighted the recent economic developments in the country and outlined the initiatives of the Sri Lanka government to create an economy, firmly based on foreign and domestic private investment.
She emphasized on the New Trade Policy, which was approved by the Cabinet in July 2017, and made reference to the progressive steps taken by the government to facilitate, protect and promote the trade and liberal investment climate in Sri Lanka, by enacting the Inland Revenue Act, the Foreign Exchange Act and moving forward on the Anti-Dumping Bill.
While referring to the strategic location of the island as a gateway to the Indian sub-continent, the High Commissioner stated that through trading agreements, Sri Lanka could integrate deeper with the regional and global economy, particularly through cross-regional global value chains.
She encouraged the Indian industry members to take advantage of these untapped trade and investment opportunities in the island.