Youth dimension provides new perspective in planning, implementation of economic policy - GL

The chief characteristic of COYLE (the Chamber of Young Lankan Entrepreneurs), apart from the their contribution to Sri Lanka's economy, is their commitment to economic strategies, taking fully into account the cultural values and traditions of our country, External Affairs Minister Prof G.L. Peiris said on Tuesday.

Minister Prof G.L. Peiris launching the COYLE website

He was speaking as Chief Guest at the social interaction with the diplomatic community which COYLE had organised at Hotel Hilton.

COYLE President Rohitha Silva pointed out that COYLE's collective contribution to Sri Lanka's economy is about Rs. 600 billion. Having begun 13 years back with a membership of only 17, today COYLE has 116 members owning or managing 750 companies which provide employment for 400,000 Sri Lankans.

Minister Peiris said that the youth dimension provides a new perspective in the planning and implementation of economic policy, and commented particularly on COYLE's consistent practice that members relinquish their responsibilities on attaining 50 years. "Hope and confidence are hallmarks of youth and the future belongs to them," he said. The minister commented that there are constantly changing priorities in diplomacy, and the focus at present is on economic diplomacy. He welcomed with enthusiasm COYLE's initiative in arranging a diplomatic evening, enabling their membership to share thoughts and perspectives with the diplomatic community in a relaxed social setting. He assured the leadership of COYLE of the strong support of the External Affairs Ministry in building a closer relationship with the diplomatic community.

Highlights of the event included the launching of the COYLE website.

A large number of ambassadors, High Commissioners and other diplomats attended the event.