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Colombo's first Seychelles forum attracts Sri Lankan businesses

Aug 29, 2014

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Colombo: More than 130 Lankan private sector representatives from 125 companies attended a Seychelles business forum inaugurated in Colombo today.Addressing the inauguration of "Seychelles Trade and Investment Forum-Sri Lanka: Fostering Economic Partnership" event organized by the EDB on Wednesday (27) in Colombo Minister Rishad Bathiyutheen said Today's event can be a stepping stone for more bilateral trade between both countries, which is an urgent need at this moment."The total bilateral trade has been low at only US$3.7 million. Today's initiative therefore is a major step in this direction" said Bathiyutheen.More than 130 Lankan private sector representatives from 125 companies packed the three hour long in-depth session of presentations.Seychelles' 20 member delegation is led by Minister for Finance, Trade and Investment of Seychelles Pierre Laporte and joined by CEO of Seychelles Investment Board Rupert Simeon.


Source: IPCS

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