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Long term strategic plan needed for economy
The National Chamber of Commerce of Sri Lanka (NCCSL) believes that the country’s economy would start to pick up during the next couple of years but stressed the need to have a long term strategic plan.

NCCSL President C. Lal De Alwis said he is confident that GSP Plus trade concessions of the EU would be reinstated to Sri Lanka. He said that during a recent discussion the European Union Ambassador in Sri Lanka, Bernard Savage, had intimated that GSP Plus would be reinstated in Sri Lanka.

He also said that a 10-member business delegation would visit Brussels to further engage the EU on GSP Plus.

De Alwis said delegations from China, India and Israel and many other countries had recently visited the country to discuss business opportunities.

Speaking at a seminar at the chamber on Tuesday, he said the country must have a two to three year strategic plan to develop economy.

De Alwis said the chamber was organising an exhibition in May to attract foreign investors.

He is confident that the exhibition would be a good window of opportunity for local products to gain access to export markets.

He said the Netherlands Government had given the chamber US$ two million to provide financial assistance to small and medium scale entrepreneurs.

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