By: Staff Writer
Colombo (LNW): Leading Sri Lankan exporters explored new opportunities in the UK market, which absorbs 10% of Sri Lanka’s exports.
On an initiative of the Sri Lanka High Commission in London, a twelve-member business delegation representing the National Chamber of Exporters of Sri Lanka (NCE) visited the United Kingdom from 11 to 16 September 2023.
The visit was aimed at further fostering trade and investment ties between the two countries.
he delegation headed by Secretary General of the NCE Shiham Marikar, comprised representatives of leading Sri Lankan exporting companies i.e., Imperial Teas, Link Natural Products, LAUGFS Rubber Corporation, City Cycle Industries, Fanam International, Ruhunu Lanka Minerals, Senikma Holdings and Stay Naturals.
The High Commission facilitated key engagements for the delegation during the visit. On 13 September, the High Commission, in coordination with the Sri Lanka-UK Chamber of Commerce (SL-UKCC) organized a B2B session followed by a networking reception at the high commission premises.
Over 50 UK businesses including representatives from the UK Department for Business and Trade and the Commonwealth Enterprise and Investment Council participated in the event.
Addressing the gathering, High Commissioner Saroja Sirisena expressed appreciation to the representatives of the UK companies for attending the B2B meetings and supporting Sri Lanka at a crucial juncture when the country is emerging from its economic crisis.
Noting that Sri Lanka’s exports to the UK is approximately USD 1 billion with a global share of nearly a 10%, she added that the new and expanded product coverage under the recently implemented UK-DCTS has created a window of opportunity for Sri Lankan exporters and requested those present to utilise its benefits to the maximum.
On 14 September 2023, the High Commission, in partnership with the Greater Birmingham Chambers of Commerce (GBCC), organised a separate B2B session and a networking lunch for the delegation at the GBCC.
The B2B session was followed by company visits to Birmingham Wholesale Market and Birmingham International Airport. With a view to expanding trade and investment links between Greater Birmingham and Sri Lanka and to endorse NCE’s Ethical Trading Certificate (ETC), two MoUs were signed between the two chambers during the visit.
The high commission also facilitated meetings between the NCE and the UK Ethical Trading Initiative (ETI) and UK Commercial Horticultural Association (CHA) on 12 September and 15 September respectively as well as individual meetings with leading UK companies and visit to the “Specialty & Fine Food Fair” at Olympia London on 11 & 12 September 2023.
