Sri Lanka and Thailand hold Thailand Week Trade Fair to open investment and development opportunities

Sri Lanka and Thailand hold Thailand Week Trade Fair to open investment and development opportunities

The Thailand Week Trade Fair was held last week with the aim of opening up investment and development opportunities for Sri Lanka.
The event was reportedly inaugurated by Development Strategies and International Trade Minister Malik Samarawickrama along with the Ambassador of Thailand to Sri Lanka Chulamanee Chartsuwan, Thai Trade Centre Director Jittima Nakamano and Export Development Board of Sri Lanka Chairperson Indira Malwatte.
Ambassador Chartsuwan has been quoted as saying in the media: “The Trade Fair is very important for promoting trade and investment between Thailand and Sri Lanka. We encourage you to shop and trade and taste the Thai cuisine that will enable you to experience the Thai culture.”
Reports state that over 100 Thai products including cosmetic stalls, Thai cuisine stalls, home utensil stalls, electronics and mechanical equipment stalls, textile and garment stalls and a wide range of other items are being showcased at the fair, giving locals the chance to invest in trade opportunities while having fun.
In parallel a business forum on ‘Sri Lanka-Thailand Strategic Partnership in the making, perspective on trade, investment and development opportunities’ was also held in order to share insights and information on how to further improve the business partnership between the two countries.
Thai Trade Centre Director Nakamano has reportedly said: “Thailand gives importance to quality and sustainability in terms of trade and investment. Therefore the Thailand Week Business Forum provides Thai and Sri Lankan entrepreneurs’ opportunities to create business networks, open new markets and set up dealerships for sustainable and long term trade.”

OSL take:

While Sri Lanka and Thailand are currently engaged in the process of finalizing a free trade agreement (FTA) between the two countries, trade fairs like the Thailand Week and business forums like Sri Lanka-Thailand Strategic Partnership in the Making,” would further strengthen bilateral, especially trade relations between the two nations.

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Article Code : VBS/AT/20180312/Z_8

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