Trade and investment promotion event with BRICS Chamber of Commerce and Industry in New Delhi

Monday, 27 March 2017 00:47 - - {{hitsCtrl.values.hits}}

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The Sri Lanka High Commission organised a trade and investment promotion event on 21 March at the High Commission premises. The main focus of the event was to promote Sri Lanka’s exports and investments among the members of BRICS Chamber of Commerce and Industry. The event was sponsored by the Department of Commerce Sri Lanka.

The inaugural speech was delivered by High Commissioner Chitranganee Wagiswara who spoke on the emphasis that has been placed by Sri Lanka on economic diplomacy and gave a brief introduction on growing bilateral trade and economic relations between India and Sri Lanka. She requested the BRICS Chamber to link Sri Lanka to their large business network by introducing the opportunities available in Sri Lanka to the business communities in India and BRICS countries. She encouraged the participants to look at the vast opportunities available, which would be mutually beneficial.

Minister Counsellor (Commercial) Sumedha Ponnamperuma did a comprehensive presentation on products that could be exported from Sri Lanka and tariff concessions under various preferential trading arrangements. In addition he elaborated on areas that would interest Indian entrepreneurs and the incentives offered by Sri Lanka to potential investors. Speaking on behalf of the BRICS Chamber, Dr. B.B.L Madhukar, Secretary General of BRICS expressed the importance of developing trade links between India and Sri Lanka. He said that the Chamber is planning to organise a delegation by the end of May 2017 as the delegation intends to participate at the Sri Lanka Investment and Business Conclave 2017. A question and answer session was held which demonstrated the interest of the participants.

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Approximately 40 members of the BRICS Chamber of Commerce and Industry participated in the promotional workshop. Corporate leaders from prominent companies such as ACC India Ltd., GEE GEE Group, Jewels Craft, Reitz India Ltd., Generation NXT Group and Suryansh Solitaire Ltd. were among the participants.

Following the formal event refreshments were served which gave a further opportunity to the participants to network with the officials of the High Commission and others.