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Sri Lanka identifies key investment projects for Commonwealth Business Forum participants

2014-08-01

Sri Lanka identifies key investment projects for Commonwealth Business Forum participants

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.

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Indo-Lanka bilateral trade tops $ 4bn

2014-08-01

Indo-Lanka bilateral trade tops $ 4bn

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.

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