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SriLanka's largest business delegation leaves for London to attend CBF

SriLanka's largest business delegation leaves for London to attend CBF

Largest ever SriLankan business and trade delegation left for in London to attend the Commonwealth Business Forum there . Sri Lanka will also unveil its new country branding & slogan for its ICT sector in London this week.



“Sri Lanka is one of the Strategic Partner Countries of 2018 Commonwealth Business Forum . Therefore the Department of Commerce is organising many informative country presentations, B2Bs and roundtables on Lankan sectors of investment for CBF in London.

This is also the first ever CBF to be held in London since the series’ inception in 1997. Department of Commerce is partnering with Sri Lanka Export Development Board (SLEDB) in this initiative.

Sri Lanka is considered as one of the major “emergent FDI attracting Commonwealth Destinations” (along with Bangladesh and Singapore). Around 27% of Sri Lanka’s annual global trade in “goods” is with the Commonwealth while 40% of Sri Lanka’s global trade in “services” is also with the Commonwealth. Sri Lanka’s country share of Intra-Commonwealth imports is around 3%. The Commonwealth plays a silent but significant role in Sri Lanka’s new trade reforms. In 2016, Commonwealth Secretariat’has already analysed and identified 40 new products and 15 new markets for Lankan exports that could add $2 Bn more to the present Lankan export revenues.

(LI NEWS)

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