US keen to boost investment, trade with Sri Lanka

Sept 07, 2012 (LBO) – Sri Lanka’s largest trading partner, the United States is keen to boost investment in the island and attract more Sri Lankan exports, the American chamber of commerce in Sri Lanka (AMCHAM) said. “The US has expressed its desire to increase more FDI (foreign direct investment) flows to Sri Lanka and also see an increase in Sri Lankan exports to the US,” Vijaya Ratnayake, president of AMCHAM Sri Lanka said.

The American chamber of commerce and the US embassy is to jointly hold a US trade show on September 16 in Colombo to promote business, trade and investment between the two countries.

The trade show will also facilitate match making with potential trading partners.

“This event provides an excellent opportunity for those who are interested in doing business with USA whether it is imports, exports, tourism, education or investment to obtain information and find partners,” he said.

The US embassy said the main objective of the trade show is to encourage and strengthen economic ties between the US and Sri Lanka.

“The trade show will attract investors who will see Sri Lanka as a serious opportunity for investment,” William Weinstein, Charge d’ Affairs of the US embassy said.