Delegation of 13 innovative New Zealand companies to visit Sri Lanka to forge business and trade links
A business delegation consisting of 20 delegates representing 13 innovative New Zealand companies is to arrive in Colombo on April 2nd for a three day visit to further strengthen business and trade links with Sri Lanka.
The delegation is to be led by New Zealand Trade Commissioner for Sri Lanka, Ralph Hays.
The aim of the visit is to build on the momentum of previous missions to Colombo and to strengthen ties between Sri Lanka and New Zealand ahead of the opening of the New Zealand High Commission in Colombo next year.
According to reports, the trade mission will provide an opportunity for New Zealand companies to establish and consolidate partnerships with current and potential Sri Lankan business partners.
The New Zealand companies on this mission are a reflection of the country’s diverse economy, representing areas such as medical technology, software and hardware technology, design and construction, marine, and aviation training.
“We continue to see strong interest from New Zealand and Sri Lanka in strengthening business relations between both countries,” Hays has been quoted as saying.
“Both New Zealand companies as well as the Government are focused on pursuing commercial opportunities in the dairy, infrastructure, marine, aviation and information technology sectors with Sri Lanka.”
Two way trade between New Zealand and Sri Lanka has grown by 31 percent over the past three years, and is now worth New Zealand Dollar 367 million (41.3 billion LKR).
The majority of trade in goods is commodity based, but there are increasing opportunities in a variety of sectors including tourism, aviation, agriculture, electronics and education.
Hays is the head of New Zealand Trade and Enterprise’s (NZTE) activity in Sri Lanka and South India.
The arrival of the New Zealand business delegation next month and the opening of a New Zealand High Commission in Sri Lanka next year are indications on the growing bilateral and trade ties between Sri Laks and New Zealand. The developing ties between the two nations would broaden further the business/investment opportunities between businesses in both countries.
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