Promotion on Sri Lanka’s Trade and Investment in Telangana by Sri Lanka Deputy High Commission in Chennai

Sri Lankan Deputy High Commissioner to Southern India, V.Krishnamoorthy along with Minister (Commercial) Yasantha De Silva undertook an official visit to Hyderabad from 23-25 October, 2019 with the objective of strengthen trade and investment ties between Sri Lanka and State Government of Telangana.
During the visit, the Deputy High Commissioner participated at the seminar on Business and Investment Opportunities in Sri Lanka organized by the Federation of Telangana Chamber of Commerce & Industry (FTCCI) on 23 October 2019.The main objective of the seminar was to create awareness to the entrepreneurs in Hyderabad about business and investment opportunities in Sri Lanka as well as to explore opportunities for expanding trade and investment ties. The Minister (Commercial) made a detailed presentation on Trading & Investing in Sri Lanka highlighting its exportable products and on its conducive investment environment.

During the interactions, the Deputy High Commissioner pointed out that the volume of trade between India and Sri Lanka has increased substantially during the past few years and requested the members of the FTCCI to gear up for the upcoming possibilities in importing more products from Sri Lanka.
On 24th October 2019, the Deputy High Commissioner participated as the Guest of Honour at “Accelerate 2” international Business Awareness Programme organized by the Global Exim Institute in which he stressed on the prospects for stronger connections between Sri Lanka and India in the areas of trade and investment. More than 200 participants took part at the event and the Minister (Commercial) also made a presentation on Sri Lanka’s trade with India.
Deputy High Commissioner also had a meeting with the Senior Vice President of the Federation of Telangana Chamber of Commerce & Industry (FTCCI), the Director of Confederation of Indian Industry of Telangana Chapter, Director of Federation of Export Promotion Organization, Director Q Mart Super market, on the sidelines of his visit to Hyderabad.
During the above meetings they have assured that they will work with their Sri Lankan counterparts to enhance the economic relations between Sri Lanka and State Government of Telangana.

Sri Lanka Deputy High Commission
Chennai
01st November 2019

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