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For the first time, the Sri Lanka Embassy in Paris, jointly with the Department of Commerce and the Ministry of Foreign Relations has organized the Sri Lanka`s participation in the “Food Ingredient Europe - 2019 exhibition” which was held from 3rd to 5th December 2019 in Paris, France.

 

“Fi – Food Ingredient— Europe” is the world’s leading global food and beverage ingredients platform, held every two years in a major European city and this year it was in Paris, France. Fi –Food Ingredient Europe brings together the world's leading food and beverage suppliers and specialists in research and development, production and marketing to showcase the most diverse range of new and innovative ingredients and services. This year, the exhibition had over 27,000 visitors and 1,700 exhibitors. It showcased 15,000+ innovative food and beverage ingredients from around the world and made over 20 country pavilions available to all spectators.

 The Sri Lankan Pavilion was comprised of four exhibiting companies named: Jaindi Export (Pvt) Ltd, New Lanka Cinnamon Pvt Ltd, Manchiee De Coco Products and Kandetiya Agro Products (Pvt) Ltd, presenting products ranging from coconut-based products to spices, tea and other ailments. Along with the Sri Lankan exhibitors, the Commercial Division of the Embassy organized a stall under the flag of Sri Lanka, showcasing different Sri Lankan products to promote the food and beverage industry.

The Sri Lankan pavilion was ceremonially opened by the officials of the Embassy of Sri Lanka in France and the Sri Lankan exhibitors on its opening day.

Sri Lankan exhibitor’s appreciation of FI Europe was overwhelmingly positive with networking, partnership building and industry insights. The Sri Lankan participation at the 33rd edition of FI Europe witnessed and contributed to the latest industry innovations, special networking with peer businesses and educational opportunities to discuss and work towards the current trends, market insights, challenges and solutions in the food and beverage world.

 

The Sri Lanka’s participation was co-founded by the Department of Commerce and the Ministry of Foreign Relations and coordinated by the Department of Commerce and the Embassy of Sri Lanka in France.

 

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 DOC Stall  
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Opening of the stand

 

09.12.2019

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Sri Lankan Deputy High Commissioner to Southern India, V.Krishnamoorthy along with Minister (Commercial) Yasantha De Silva undertook an official visit to Kerala from 18-20 December, 2019 with the objective of highlighting the trade and investment opportunities in Sri Lanka.

A three day visit consisted of business networking event with Cochin Chamber of Commerce & Industry, participation at Food & Hospitality Expo Summit in Kochi, Round Table Conference with Kerala Chamber of Commerce & Industry, Trade & Investment Seminar with CII Trivandrum Chapter and one on one business meetings with importers and investors in Kochi and Trivandrum.

The business networking event was organized in collaboration with the Cochin Chamber of Commerce & Industry in Kochi and Trade & Investment Seminar in Collaboration with the Confederation of Indian Industry in Trivandrum, to disseminate information on Sri Lanka’s business potentials among the Kochi and Trivandrum entrepreneurs. At both the events, Deputy High Commissioner expressed that more opportunities are available for Indian companies which are yet to explore in the Sri Lankan market as Sri Lanka has entered into a free trade agreement with India which is not fully utilized by both the parties. The Minister (Commercial) made a comprehensive presentation on Trade and Investment opportunities in Sri Lanka for Kerala businessmen who wish to engage with Sri Lankan businessmen. A round table conference was held with the Executive Committee Members of Kerala Chamber of Commerce & Industry in Trivandrum.

The officials met a few prominent investors in Kochi & Trivandrum in the fields of Food, hospitality and education sector and invited them to invest in Sri Lanka.

The above comprehensive trade and investment promotion programme in Kerala was conducted by the Commercial Division of the Sri Lanka Deputy High Commission in Chennai.

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The Minister (Commercial) making a presentation at business networking event at Cochin Chamber of Commerce & Industry, Kochi

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The Deputy High Commissioner and Minister (Commercial) were at Round Table Conference with Ex Com Members of Kerala Chamber of Commerce & Industry, Trivandrum

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Sri Lanka Deputy High Commission

Chennai

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To give impetus to the Government of Sri Lanka’s New Economic Policy, “Vistas of Prosperity and Splendour”, the Embassy of Sri Lanka in Beijing, under the Economic Diplomacy Program of the Ministry of Foreign Relations of Sri Lanka, hosted “Think Investment: Think Sri Lanka” an ‘Investment, Trade and Tourism Seminar’ on 17 December 2019. This brought more than 200 Chinese entrepreneurs, media and government officials representing trade, investment and tourism sectors under one roof of the Embassy auditorium. The main objective of organising this event was to highlight the opportunities presented by the Sri Lanka Government’s National Policy Framework “Vistas for Prosperity and Splendour” in trade, investments and tourism sectors to China.

Speaking on the occasion the Ambassador of Sri Lanka to China, H E Dr. Karunasena Kodituwakku said that China’s growth, encourages Sri Lanka to achieve more better economic and social progress.  Sri Lanka and China are strategic economic development partners. The trade between China and Sri Lanka reached to new heights during the past ten years. Sri Lanka’s exports to China has risen from a mere 37 Million USD in 2007 to 240 Million USD in 2018. Investment from China into Sri Lanka has been increasing and with the investment of the Colombo Port City, China has become the Single Largest FDI investor in Sri Lanka. There is a possibility of increasing investments from Sri Lanka into China and the Embassy is looking at it in a positive way. “I believe there are several synergies between Sri Lanka and China which can be leveraged for further enhance the bilateral ties” the ambassador further said.

During the Seminar Minister Commercial, Mr. Alexi Gunasekera highlighted the key points of the new Sri Lanka Government’s Economic Policy Paper, the “Vistas of Prosperity and Splendor”. He said that the current Government, under the leadership of H E the President, has proposed a new vision to the country and its priority was National Security. The Island nation, as Marco Polo once said, the “best island of its size”, is fully secured to visit. Citing the People Centric Economic Development  policy of the government, he further stated that there are  plethora of opportunities for  Chinese Entrepreneurs to be partners in the development process of Sri Lanka. He further elaborated on Sri Lanka becoming a technology based society and requested Chinese investors to look for opportunities in physical resources  development and sustainable environment management process. While positively appraising the various initiatives of the new economic policy statement of the government of Sri Lanka to stimulate faster growth, he underlined the key points such as achieving economic growth of 6.5 percent or higher, per capita income exceeding USD 6500 and maintaining the rate of unemployment at less than 4 percent. Minister Commercial stated that under the Vistas of Prosperity and Splendour, the government intends to provide facilities for international business giants to set up their offices in Colombo and the port city provides facilities to large-scale businesses to commence production of various high technology products. Sri Lanka intends to become the innovation hub. Development of multi-dimensional commercial cities to connect national and international centers will make Colombo as the centre of global commerce, trade finance, and banking and Chinese entrepreneurs should look towards Sri Lanka in their “Go Global Strategy”. The Embassy is working with China to harness the potential for greater trade and investment ties, people-to-people exchanges, tourism flows and cultural exchanges.

Deputy Chief of Mission Mr K K Yoganaandan during his presentation said that the Colombo Port City is a technological wonder and he called-on the Chinese investors to look at the Port City as an unrivalled economic opportunity. Using the latest sustainable city designs and smart city concepts, the Colombo Port City is poised to become the hub of South Asia for accommodation, work, education and entertainment, he said . The project is also expected to help Sri Lanka to play a more robust role in international financial supply services.  He said, few days ago the mega Colombo Port City, built on 269 hectares of land reclaimed from the sea, was officially integrated with the capital city of Colombo. The Sri Lanka government will firmly support to accelerate the development of the Colombo Port City to ensure that it will emerge as a new business hub in the Island country. He further stated that the Port City is Sri Lanka's largest foreign direct investment project and is expected to attract 15 billions of US dollars of investments in the coming years. The project is expected to create over 80,000 jobs and aimed at transforming Sri Lanka into a regional business and financial hub.

With large and increasingly wealthy populations, Sri Lanka is poised to attract more tourists from China as more and more Chinese are now willing to go beyond South East and East Asia. This was highlighted by Sri Lankan Airlines Regional Manager Chinthaka Weerasinghe during his address to the audience.  Speaking to more than 50 travel agents and tour operators who were present, he further stated that Sri Lanka is increasingly becoming a hotspot for MICE tourism, honeymooners and adventure tourists. Sri Lankan Airlines is willing to have joint promotion in this regard.

The event got an overwhelming response with more than 200 participants and SINOPEC Lanka oils which has already established its business in Sri Lanka spoke positive business environment of Sri Lanka.

H E the Ambassador Dr Karunasena Kodithuwakku, Deputy Chief of Mission Mr. K K Yoganaadan, Minister Commercial Mr. Alexi Gunasekera, Mr. Chinthaka Weerasingha Sri Lanka Regional Manager of Sri Lankan Airlines, Ms. Dinithi Weerasena and Mr. Mihiravi Dissanayake  and other officials of Embassy of Sri Lanka attended the Event.

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 Speech by H.E. the Ambassador

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Speech by DCM

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Speech by Minister Commercial

     

 Embassy of Sri Lanka

Beijing, 19 December 2019

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A team of experts from the Gulf Cooperation Council Standardization Organisation (GSO), the body, which is responsible for the formulation of product standards for all Gulf Cooperation Council (GCC) countries (UAE, Saudi Arabia, Bahrain, Oman, Qatar, Kuwait and Yemen), visited Sri Lanka from 18-21 November 2019 for an awareness creation programme at the initiative of the Embassy of Sri Lanka in Saudi Arabia and the Department of Commerce, Colombo. The programme was co-hosted by the Sri Lanka Export Development Board and the SriLankan Airlines.

The collective initiative was specifically for the purpose of assisting the Sri Lankan export community to have a better understanding of the product standards and the conformity assessment procedures applied by the member states of the GCC.

The overall value of Sri Lanka’s exports to GCC countries in 2018 had reached US$ 444.21 million and this registers a growth of 2.3% over 2017. The main products exported to the GCC market include Tea, Apparel, Bananas, Coconut milk powder and New pneumatic tyres, Sweet biscuits. Among the GCC countries, UAE, Saudi Arabia, Kuwait and Qatar stand out as the major trading partners of Sri Lanka accounting for 65%, 16%, 6.1% and 5.9% respectively of Sri Lanka’s exports.

The awareness programme consisted of a full-day seminar on GCC Product Standards, one-to-one meetings/visits with the Sri Lanka Standards Institution (SLSI), Sri Lanka Tea Board (SLTB) and National Plant Quarantine Service, visits to SLSI and SLTB laboratories and testing facilities, and a visit to Lucky Tea Factory in Galle. The full-day seminar on GCC Product Standards was jointly organized by the Department of Commerce and Sri Lanka Export Development Board on 20 November 2019 which was attended by a large number of Sri Lankan exporters and relevant Government institutions.

 

Department of Commerce

24th December 2019

 

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The Sri Lanka Food and Cultural Festival – 2019, a Sri Lankan Tourism Consumer Promotional Event which was jointly organised by the Consulate General of Sri Lanka in Sydney and the Sri Lanka Tourism Promotion Bureau (SLTPB), was held at Tumbalong Park, Darling Harbour from 23rd to 24th November 2019.

 

The main objective of this consumer promotion was to create awareness among Australian travel community that Sri Lanka is most preferred destination for leisure and holidays. Subsequent to successful similar event of this nature held in 2017, SLTPB decided to organise a consumer event to attract more Australian travellers to Sri Lanka. The event was a great success with the presence of Sri Lankan travel and trade companies as well as a large number of Australian visitors who enjoyed Sri Lankan festival environment at this event.

  

Major activities took place at this two days festival included exhibition and sale of Sri Lankan products, tasting of Sri Lankan food and the Ceylon Tea, cultural performances, question and answer sessions with give away, video presentation on Sri Lanka, distribution of promotional materials, selling of tour packages by the Sri Lankan travel companies etc.

 

The dignitaries at the official opening include, Hon Scott Farlow, Leader of the House of the Legislative Council, Hon Kevin Connolly, MP/Riverstone, Hon Karen Pensabene, Strathfield Council, H E J C Weliamuna, Sri Lankan High Commissioner, Mr Nimal Bandara, Consul General, Mr Abdul Raheem, Consul Commercial, Ms Charmarie Maelge, MD/SLTPB and Mr Peter Mckeon, General Manager, Sri Lankan Airlines/Australia.

 

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Consulate General of Sri Lanka

Sydney

25th November 2019

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