New Delhi. Sri Lankan Prime Minister Dinesh Gunawardena has emphasized the need to boost bilateral trade and invest in new sectors in a meeting with Chief Executive Officers (CE0s) of several Indian companies.

A statement issued by the Sri Lankan Prime Minister’s Office said that during a meeting with representatives of the Sri Lanka section of the Indian CEO Forum (ICF) last Thursday, Gunawardena asked them to invest And asked to increase trade.

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Dinesh Gunawardena expressed his gratitude for the cooperation and support of Indian companies.
In this meeting, Gunawardene expressed gratitude for the cooperation and support of Indian companies in the Sri Lankan economy. He said that these companies are helping the cash-strapped country by bringing in new investment, creating employment opportunities and contributing in the form of direct and indirect taxes.

TS Prakash led the delegation.
The ICF delegation included officials from companies in the auto, banking, cement, FMCG, fuel, hospitality, infrastructure, logistics, packaging, paint and pharma sectors. The delegation was led by TS Prakash.

A new initiative with the launch of the ‘Shine Sri Lanka’ platform
On the Sri Lankan Prime Minister’s request to invest in new sectors, Prakash said the ICF has launched a ‘Shine Sri Lanka’ platform to promote trade and investment as well as tourism. It is a new initiative. He said that through this platform there are vast possibilities to promote trade and investment in Sri Lanka.

Sri Lanka is facing an economic crisis.
During this meeting, Gunawardena explained about the steps being taken by his government to improve the economic situation of Sri Lanka. Sri Lanka has been facing a deep economic and financial crisis since the beginning of this year and has to seek help from allies like India to purchase essential commodities.

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Tags: investment, Sri Lanka