Sri Lanka participates in webinar on accelerating growth of food sector with Singapore
Sri Lanka and Singapore have recently engaged in a discussion on accelerating growth of the food sector as an initiative of FYIstival South Asia Edition of Global Connect at the Singapore Business Federation (SBF). Accordingly, a webinar on ‘Accelerating Growth of Food Sector and a Buyer Seller Meet’ was reportedly organised together with Enterprise Singapore and Sri Lanka’s High Commission in Singapore.
The webinar had reportedly provided an opportunity for Sri Lanka’s Export Development Board (EDB) to showcase the island’s supply capability and uniqueness of main exportable agri produce in order to create awareness and to attract Singapore buyers and distributors.
A presentation was made by Additional Director General of Sri Lanka’s EDB, Malani Baddegamage, who had highlighted Sri Lanka’s supply capability, and investment incentives available for further expanding export oriented agri food products.
Executive Director of the Global Business Division at the Singapore Business Federation, Soo Wei-Chieh and High Commissioner Sashikala Premawardhane had reportedly made opening remarks at the event. One-to-one meetings had been organised with interested buyers and distributors of Singapore and relevant export companies of Sri Lanka.
Approximately 20 B2B sessions were reportedly facilitated and 60 participants from key Singapore and Sri Lankan companies had participated in the event.
The event was coordinated by the Commercial section of the High Commission with the relevant institutions of Sri Lanka and Singapore.
Sri Lanka is currently engaged in reevaluating and further promoting existing trade and investment ties with foreign countries with vigour and new innovation. The island is also fast becoming a business hub in the South Asian region given it’s geographical positioning in the Indian ocean and the many trade agreements as well as trade concessions enjoyed by the country. Foreign businesses/investors, especially in Singapore could confidently explore business/investment opportunities in Sri Lanka. The island could also be used as a base for foreign businesses/investors to expand their trade in the region.
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