Sri Lanka’s President and Ceylon Chamber of Commerce discuss boosting economy
The Ceylon Chamber of Commerce (CCC) has reportedly assured Sri Lanka’s President Gotabaya Rajapaksa that it was eager to promote a number of sectors, including exports and tourism, as soon as the country returns to normalcy following its ongoing Covid 19 vaccination drive.
The CCC has noted that it could take advantage of the implementation of policies outlined in the ‘Vistas of Prosperity and Splendour’ national policy framework and contribute to the rapid development of the economy.
The newly-elected office bearers of the CCC have reportedly made these observations at a meeting held with the President at the Presidential Secretariat.
According to reports, the newly elected office bearers have commended the President’s efforts to bring the country back to normalcy through the vaccination programme.
Infrastructure has been rapidly developed, especially the road network and the CCC delegation have pointed out that its benefits would greatly enhance investment opportunities in the near future.
The officials of the CCC have reportedly further highlighted the possibility of expanding export opportunities by entering into a Free Trade Agreement with the UK.
The officials have said the National Agenda Committees of the CCC had paid special attention to the Sri Lankan government’s programmes implemented to promote sustainable energy, agriculture and the field of technology.
Sri Lanka’s economy has shown great resilience to external and internal challenges through the years and is once again on the path to recovery after facing the impact of the global Covid 19 pandemic. The country is also engaged in an aggressive development programme aimed at taking the country to the next level of development. All these have expanded business/investment opportunities in Sri Lanka. The country is also fast becoming a business hub in the South Asian region given its geographical positioning in the Indian ocean and the many trade agreements as well as trade concessions enjoyed by Sri Lanka. Foreign businesses/investors could therefore explore opportunities in Sri Lanka.
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