U.S., Sri Lankan experts discuss island’s trade potential

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Dec 02, 2016 (LBO) – U.S. and Sri Lankan officials have held three seminars on trade policy to unleash the island’s trade potential, a statement said.

The U.S. Department of State, in cooperation with the U.S. Department of Commerce, and Sri Lanka’s Department of Commerce held these seminars with more than 70 decision makers and technical experts from Sri Lankan ministries, agencies, research institutes, trade policy think tanks, and the Chambers of Commerce.

“Sri Lanka can count on the United States as a partner to help unleash the trade potential of Sri Lankan companies,” said U.S. Ambassador to Sri Lanka Atul Keshap.

Sessions covered skills development in quantitative trade policy analysis, a discussion of trade negotiation strategies, and a discussion of the potential for formulation of a Sri Lanka national trade policy.

“It’s nice to be surrounded by friendly faces as we have similar jobs, struggle with the same challenges and realize the value of trade,” said Katrice Kelly, Team Lead for Negotiations at the U.S. Department of Commerce at the International Trade Administration.

The seminar included experts from the U.S. International Trade Administration Office of Trade Negotiations and Analysis, the International Trade Centre (ITC), and World Bank. Sessions covered resources for market analysis, economic modeling, trade strategy development, and public-private cooperation.

“As public servants we’re committed to continual learning and consulting all stakeholders in formulating trade policy,” said Sonali Wijeratne, the Director General of the Sri Lanka Department of Commerce.