Ceylon Chamber to establish Sri Lanka - Maldives Bilateral Business
Council
NEW COUNCIL: The Ceylon Chamber of Commerce (CCC) which
considers Business Councils vital to its goals and objectives in
promoting bilateral trade and investment, at the request of the
Department of Commerce will be launching the Sri Lanka-Maldives
Bilateral Business Council on May 25.
For CCC, which has been successfully operating 18 Bilateral Business
Councils under its purview for over 28 years, Sri Lanka-Maldives
Bilateral Business Council would be 19th Bilateral Business Council to
be formed under its aegis.
The main objective of this Council would be promotion of trade,
investment, joint ventures, tourism and services between Sri Lanka and
the Maldives.
‘Maldives being the third largest trading partner of Sri Lanka
amongst the SAARC Countries accounting for US$ 45.85 million, had a
longstanding need to establish a strong link between Sri Lanka and the
Republic of Maldives, to further strengthen its Bilateral trade ties.
The request of Ms. Manel De Silva, Director General of the Department
of Commerce to the CCC to form the Sri Lanka - Maldives Bilateral
Business Council was timely since we too had identified Maldives as a
potential market and our members too felt that they need a formal
linkage to emerge into this market.
This originated as a recommendation of the Sri Lanka - Maldives Joint
Commission held last year and we are privileged to have been given the
honour of forming this Council,’ Secretary General/CEO of the CCC Prema
Cooray said. |