US businessmen to meet in Sri Lanka
October 1st, 2010 - 3:31 pm ICT by IANSWashington, Oct 1 (IANS) A second annual conference to attract US investment to Sri Lanka will be held in Colombo Oct 12-14, giving business executives a chance to expand businesses in the island.
The conference is organised by the Sri Lankan embassy here and the Office of the US Trade Representative, the US Department of Commerce, the US embassy in Colombo and the Sri Lanka Trade Ministry.
“Our first conference last year gave people a good look at Sri Lanka, and the potential for businesses there,” said Jaliya Wickramasuriya, Sri Lanka’s ambassador to the US.
“Now some of those businesses are planning to begin operations in Sri Lanka. We want to make sure that business people know the advantages of investing here,” he said.
Sri Lankan President Mahinda Rajapaksa met US investors during a business development luncheon last week. He explained to them the benefits of doing business with Sri Lanka.
Those benefits include Sri Lanka’s free trade agreements with India and Pakistan that gives US businesses duty-free access to those large markets, as well as relaxed foreign investment regulations.
- Sri Lanka woos Hollywood - Sep 19, 2010
- Pakistan, Sri Lanka to increase trade to over $2 bn - Feb 11, 2012
- Sri Lanka, Singapore sign trade agreement - Feb 16, 2012
- Bangladesh, Sri Lanka to boost trade - Apr 20, 2011
- Rajapaksa visits Pakistan (Lead) - Feb 10, 2012
- Invest in Sri Lanka, says minister - Apr 19, 2011
- Will India's vote drive Sri Lanka closer to China? - Mar 23, 2012
- Sri Lanka woos UAE for its tourism sector - Aug 18, 2011
- Zardari sets $2 bn trade target with Sri Lanka - Feb 11, 2012
- 'Sri Lanka's ties with China no threat to India' - Dec 29, 2011
- Sri Lankan president orders security for Nasheed's wife - Feb 11, 2012
- Sri Lanka's rupee depreciates 3.2 percent - Nov 23, 2011
- Sri Lanka to shut some embassies in Europe - Mar 27, 2012
- Nasheed not to seek asylum in Sri Lanka: Daily - Feb 12, 2012
- Will get Sri Lankan Tamils their rights: Jayalalithaa - Aug 11, 2011
Tags: ambassador, business development, business executives, businessmen, department of commerce, doing business, foreign investment, free access, free trade agreements, india and pakistan, investment regulations, luncheon, mahinda rajapaksa, president mahinda rajapaksa, sri lankan embassy, sri lankan president, trade ministry, us department of commerce, us embassy in colombo, us trade representative