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Sri Lankan chamber to hold business forum between Sri Lanka and Oman

Sri Lankan chamber to hold business forum between Sri Lanka and Oman

The National Chamber of Commerce of Sri Lanka together with the Sri Lankan Embassy in Oman and Oman Chamber of Commerce and Industry has reportedly made arrangements to conduct an online business session to develop business between Sri Lanka and Oman on Monday (28) at 11:30 a.m. (Sri Lanka time).
A memorandum of understanding (MoU) will be signed between the two Chambers, and the following government institutions – the Board of Investment of Sri Lanka and Sri Lanka Export Development Board – are to also address the gathering.
The counterpart government institutions from Oman would be the Ministry of Agriculture and Fisheries, Oman Investment Authority and Public Authority of Free Zones, local news reports have stated.
According to reports, the business sectors such as health and tourism, food and beverages, boat building industry, fisheries, livestock and farming, garments, agriculture, and ICT are expected to participate at the online session.
B2B meetings are to also be conducted for interested business persons in both countries at the end of the above-mentioned session.

OSL take:

Sri Lanka is currently engaged in expanding and further strengthening its bilateral and trade ties with foreign countries. Sri Lanka’s economic expansion and the ongoing development programme have strengthened the country’s position when engaging in trade ties. Sri Lanka 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 tradeconcessions enjoyed by the country. Foreign businesses/investors could therefore explore business/investment opportunities in Sri Lanka and also look at setting up base in the country to engage with other nations.

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Article Code : VBS/AT/20210628/Z_3

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