Industry & Economy
-
Foreign Trade
Lankan President seeks Indian investments
Our Bureau
New Delhi
,
Dec. 30
THE Sri Lankan President, Mr Mahinda Rajapaksa, has invited the Indian business community to establish business ties with Sri Lanka and to take advantage of the attractive opportunities available there.
Addressing a meeting attended by senior Indian corporate leaders, Mr Rajapaksa said that his Government was totally committed to provide assistance to those who were hoping to invest there.
"When mobilising the foreign investment community to invest in Sri Lanka, we look to India's business community as a natural and strategic partner," the Sri Lankan President said and added that his Government was totally committed to provide assistance to those who were hoping to invest there.
"We are confident that over the next few years, agro-processing, apparel, dairy, rubber, IT and infrastructure will be prominent among the high-growth sectors of our economy. These sectors will provide immense opportunities both for India and Sri Lanka," Mr Rajapaksa said.
At the conclusion of the meeting, the Board of Investment of Sri Lanka (BOI) and the Confederation of Indian Industry (CII) signed a memorandum of understanding (MoU) to promote, facilitate and enhance bilateral trade.
More Stories on :
Foreign Trade
Article
E-Mail
::
Comment
::
Syndication
::
Printer Friendly Page
|
