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Colombo to host Thailand Business Forum

To promote trade and investment between Thailand and Sri Lanka, the Royal Thai Embassy in Colombo will organise Thailand Business Forum in Sri Lanka 2008 on May 12.

The Forum will provide opportunity for businessmen in both countries to exchange views on how to maximise two-way trade and investment potential and how to minimise trade and investment obstacles.

In this regard, the theme of the seminar will be “Trade and Investment Opportunities in Thailand and Sri Lanka”. Speakers will be invited from the Chamber of Commerce of Thailand, Ceylon Chamber of Commerce, Board of Investment of Thailand, Sri Lankan Board of Investment and the Federation of Industry of Sri Lanka.

Business matching will also be organised to explore ways and means for possible trade and investment activities.

“The Royal Thai Embassy will also invite interested Thai businessmen to participate in the Forum,” said an official in the trade sector.

Sri Lanka is Thailand’s 4th biggest trading partner in South Asia (after India, Pakistan and Bangladesh) with total trade volume of USD 309,804,898 (2007):

Thailand’s exports to Sri Lanka was USD 273,557,740 (2007) Major Thai Exports to Sri Lanka include textiles, dry fish, plastic pellet, synthetic fibre

Thailand’s imports from Sri Lanka was at USD 36,227,158 (2007) Major Thai Imports from Sri Lanka include gems, silver bars, gold, textiles, tyres, frozen shrimps.

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