Business Times

Sri Lankan export trade exhibition for foreign buyers in 2012

The Export Development Board will be launching ‘Sri Lanka Expo 2012’ – a trade show for international buyers in March 2012, it was announced last week.

Speaking at an exporter’s networking session hosted by the Export Development Board at the Cinnamon Grand Hotel, Rishad Bathiudeen, Minister of Industry and Commerce Minister Bathiudeen said, “Sri Lanka Expo 2012 milestone exhibition will showcase Sri Lanka’s new export capabilities to international buyers.” He was quoted in a press release as saying at the session that as a country Sri Lankans have a collective responsibility to mobilise national resources to design an optimal basket of exports that will carry Sri Lanka towards the envisioned export target of $ 20 billion by 2020-and even beyond. “In this endeavour our success will depend on finding new markets while at the same time effectively diversifying our export products. In fact, such an approach of sustained diversification will ensure new market opportunities to Sri Lanka,” Minister Bathiudeen said.

With concerted efforts to improve competitiveness, he said the government has been able to achieve its international trade ambitions. In this context, the strategic plan launched by the Export Development Board with the help of the relevant stakeholders will play a crucial role to propel Sri Lanka towards the envisioned goal, the Minister said, adding, “The 2012 event will be a very innovative occasion that will attract a considerable number of new and potential buyers from around the world. It will undoubtedly expand your export trading opportunities and increase the export revenues as well.”

Many private sector exporters welcomed the move, the statement said. G.E.L Silva, Managing Director of G.P. De Silva & Sons Int’l, a Board of Investment firm which netted US$18 million in foreign revenues for Sri Lanka in 2010 through its cinnamon export, said: “This is a good initiative to take Sri Lanka’s message of competitiveness to the international markets. Of course, it depends on how effectively it would be organized and showcased. On the sidelines, I get to save on my expenses for international fairs and exhibitions that I have to pocket out by myself.” His firm is one of the largest private sector cinnamon exporters in Sri Lanka.

Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
Other Business Times Articles
Sharp increase in frequencies to India
Expolanka ‘chosen few’ won’t sell; will take longer term view
Seylan to finalise Rs 600 mln VRS tomorrow
Many respond to Commods Exchange offer
Govt. agrees to give pension for life
Six Senses group plans IPO
Comment - Of private placements and share pricing
Call to create a knowledge economy
Etisalat open for acquisitions in related businesses
BPO boom to get a push with Firstsource Solutions
Merchant Credit, Ceylease merger won’t see staff retrenchment
“Need to recognize, researchers and investors with decent wages”
Sri Lankans may carry ‘clean air’ just like bottled water
Feb 2011 exports, imports up 36% and 27%, remittances up 26%
Aging population: Younger Sri Lankans have to earn more to look after elders
Insurance industry law sees amendments through; shows 19.6% growth in 2010
Authentic Borah food at special Borah trade show
Datacard USA recognizes DMS for outstanding achievements
German help for IDPs resettled in Mullaitivu, Kilinochchi
Not the time to expand oil palm
Sri Lankan export trade exhibition for foreign buyers in 2012
Greenwich introduces Sage ERP ACCPAC V6
Pears refurbishes paediatric wards at Jaffna Hospital
Applying for a job is serious business say top CEOs
JusticeWeeramantry to speak at Global Compact Network Ceylon event
CEB to test its employee through a balanced score card
Coca Cola celebrates its 125th anniversary of ‘spreading happiness’
Innovative city in Sooriyawewa
Singapore Airlines to promote Sri Lanka tourism
Seylan Bank Rights issue to raise Rs. 4.6 bln
Trinco rice mill industry gets a boost
Asia Capital says joins prestigious Rs 1 billion profit per-year club
Better share prices this week as debate on Expolanka mounts
‘Six Sigma’ powerful to improve quality-US expert says
Samsung enhances intelligent technology at home
Singapore firm to manage new Sunshine group hotels
‘Ceylon Tea’ gets seal for tea of origin


Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 1996 - 2011 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved | Site best viewed in IE ver 8.0 @ 1024 x 768 resolution