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Thursday, 22 July 2010

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Nineteenth AGM held:

SLCBC promotes bilateral trade



Standing from left: D R Rajapaksa, Vernon Abeyratne, Shiran Gunawardena and Chandev Abhayaratne. Seated from left: SLCBC Immediate Past President Rajah Abeyasinghe, SLCBC Vice President Sampath Liyanage, Canada High Commission in Colombo High Commissioner Bruce Levy, SLCBC President Tan Beng Chuan, the Ceylon Chamber of Commerce Management Executive Shazna Silmy and Infotechs Limited Business Development General Manager Ramya Perera.

The 19th AGM of the Sri Lanka - Canada Business Council (SLCBC), of the Ceylon Chamber of Commerce was held recently at the "Canada Club" under the patronage of Canadian High Commissioner Bruce Levy.

SLCBC, formed in August 1991, currently serves a membership of forty-two companies.

Its primary objectives are to provide advocacy and facilitate the promotion of bilateral trade, investment, joint ventures, technology transfer, industrial cooperation and tourism between Sri Lanka and Canada. The council congratulated the Government being re-elected with a clear majority, as this will be an essential factor for economic and social development in Sri Lanka.

"The peaceful environment and the political stability will be vital for Sri Lanka to move forward in its rapid development path. The country is well poised to become a strong economy in the Asian region and we congratulate President Mahinda Rajapaksa's government being re-elected with a clear majority as this will no doubt be an essential factor for economic and social development in Sri Lanka", SLCBC, Immediate Past President Rajah Abeyasinghe said.

"We need to explore avenues of trade improvement between the two countries as there is room for enhancement. Sri Lanka could benefit from his move and could build long lasting strong relationships," Canadian High Commissioner Bruce Levy said. "We could collectively build the half billion dollar trade volume by tapping the potential sectors for growth.

Agriculture and apparel dominate the relationship, but it is expected that we could soon see great progress in major infrastructure and IT sector. It is important to explore these possibilities and form more joint ventures," he said.

Tan Beng Chuan was elected President. Tan Beng Chuan is currently the Singapore (Sri Lanka) Club President Mentor & ex - President.

Tan spelled out his plans for the year ahead and called on members to actively participate in the forthcoming Sri Lanka Government endorsed business promotion trip to Canada in October with Export Development Ministry Secretary and other Government officials.

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