Tuesday Dec 24, 2024
Tuesday, 12 July 2016 00:01 - - {{hitsCtrl.values.hits}}
The global economic uncertainty is likely to continue for a relatively long period due to the UK referendum outcome and businesses need to adapt to this new reality.
Brexit will create new challenges and opportunities and it is likely to change the way we do business now with UK and EU. Global trade will have to work new arrangements when dealing with Europe and the UK as the European region movement of persons, capital and trade will change when Britain untangles itself from Brussels once it decides to execute Article 50 of the Lisbon Treaty.
The immediate outcome of the referendum has been the political uncertainty in UK and global market volatility.
Deputy Minister of Foreign Affairs Dr. Harsha De Silva will be the keynote speaker at a Brexit briefing forum on Friday 15 July. The luncheon forum will be joined by the High Commissioner to Britain with other industry personalities to discuss probable consequences when Britain leaves the EU.
The event is organised by Shippers’ Academy Colombo with strategic support by The Council for Business with Britain.
Some of the topics that would be discussed at this forum will be:
What impact to Asia and possible outcome for Sri Lanka?
What about GSP+ now?
Impact on trade, exports and imports/tourism
Currency volatility, can the pound go down further?
The impact on commodity markets, oil and interest rates
Sri Lanka Government strategy, what should it be and what can it do
The forum will be held at the Galadari Hotel from 11:30 a.m. to 2 p.m. on 15 July (including lunch). Interested parties may contact the Shippers’ Academy Colombo on: 0113560844/07738201703E-mail: [email protected]. Online: www.shippersacdemy.lk.