Opportunity Sri Lanka | » British Prime Minister appoints Trade Envoy for Sri Lanka to further strengthen bi-lateral trade ties
British Prime Minister appoints Trade Envoy for Sri Lanka to further strengthen bi-lateral trade ties

British Prime Minister appoints Trade Envoy for Sri Lanka to further strengthen bi-lateral trade ties

British Prime Minister Theresa May has appointed Ranil Jayawardena, MP, as her trade envoy for Sri Lanka.
The British High Commission in Colombo states that Jayawardena’s role as trade envoy will be to support and enhance the development of Britain’s trade and investment with Sri Lanka.
The Prime Minister’s Trade Envoy will be visiting Sri Lanka from 15th to 17th February to meet with senior members of the government and engage with British business’s working in Sri Lanka
Jayawardena was elected as the Member of Parliament for North East Hampshire in May 2015 and was reelected in 2017. He has a degree in government from the London School of Economics. In Parliament he is the chair of the All Party Parliamentary Group (APPG) on Sri Lanka. Mr. Jayawardena’s father is of Sri Lankan origin.
Jayawardena said: “Given the shared history and close bonds of friendship between Britain and Sri Lanka – and with my family ties to Sri Lanka – I am looking forward to serving as the Prime Minister’s Trade Envoy at an exciting time for both our countries.
“There’s lots of scope for further trade and investment between Britain and Sri Lanka. I recently visited ‘Port City’, one among many initiatives that the Sri Lankan Government is pushing forward that demonstrate its commitment to creating the right conditions for economic growth. Port City will provide a range of opportunities for UK-based professional services to work with Sri Lankan partners to take forward our shared ambitions to develop international business. I am confident that engagement by the UK’s professional services sector will help Port City to attract international investment and build its reputation.”
British High Commissioner to Sri Lanka James Dauris said: “For centuries Britain has been a global trading nation. Today we have one of the world’s largest economies and strong commercial relationships with countries around the globe. As the Sri Lankan economy grows we are seeing an encouraging increase in the number of British companies wanting to do business with Sri Lanka. Mr. Jayawardana’s appointment will help us to encourage more UK firms to look at options for doing business in and with Sri Lanka and to boost bilateral trade.”

OSL take:

The appointment of a Trade Envoy for Sri Lanka by the British Prime Minister is a positive sign of the growing trade ties between the two countries. The statement by the British High Commission to Sri Lanka, James Dauris that there is an increase in the number of British companies showing interest in doing business with Sri Lanka indicates the opening up of investment opportunities in Sri Lanka as well as working towards forming joint ventures or partnerships between Sri Lankan and British companies.

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Article Code : VBS/AT/20180212/Z_1

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