US Trade Show in Colombo

Ramani Kangaraarachchi

The American Chamber of Commerce Sri Lanka (AMCHAM) and the US Embassy will jointly organize a trade show at Hilton Hotel Colombo on September 16 to provide an opportunity for business to promote their products and services.

Speaking on the ‘US Trade Show’ at a media briefing AMCHAM President Vijaya Ratnayake said the United State has expressed its desire to increase more FDI flows to Sri Lanka while increasing Sri Lankan exports to the US. He said it is worth noting that with the announcement of the National Export Initiatives in 2010 the United States is keen in doubling their exports by 2014 and Sri Lankan importers could benefit by these incentives given to US exporters by finding the right trading partners to source high quality products from USA such as machinery, equipment, IT and other high end fields.

He said both Sri Lanka and the US were looking for new opportunities to further develop bilateral trade and the event coincides with the 20th anniversary of the American Chamber of Commerce in Sri Lanka . AMCHAM in Sri Lanka brings together over 350 members representing US companies, US equity companies and Sri Lankan companies doing business with USA to promote trade and investment between the two countries.