Sri Lanka's Apex Organisation for Export Promotion
Sri Lanka has garnered more than $4.6 Mn orders at the recently concluded Kunming Int’l Fair in China-and this too is only from the initial overview of Kunming outcomes rather than any in-depth totals. “I am pleased of the performance of the delegation of 119 companies and businesses that I led to Kunming. I commend EDB for this successful facilitation effort” said a satisfied Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) on 31 July in Colombo.
Sri Lanka has identified several key areas for investment opportunities to offer to the attendants of the Commonwealth Business Forum (CBF) that will coincide with the Commonwealth Heads of Governments Meeting (CHOGM) scheduled to be held in Sri Lanka from 15th to 17th November, 2013.
The Commonwealth Business Forum will be held from 12th to 14th November at the Hotel Cinnamon Grand in Colombo.
The Forum, organized by the Commonwealth Business Council(CBC) in collaboration with the Sri Lankan government, is seen as a great opportunity for Sri Lanka to enlighten the world about the investment potentials in the island.
With bilateral trade crossing $ 4 billion, a new chapter has opened in Indo-Lanka trade ties with the first ever Joint Task Force (JTF) coming into play.
Strong signs of greater Indian market access for Lankan exporters and prompt resolution of trade barriers for them are the other developments in this new turn. “We are working to boost bilateral trade to $ 10 billion and as trade ties have improved greatly, the new understanding reached between both countries is a good sign for our bilateral trade future,” said Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka on June 25 in Colombo.
