Sri Lanka- British business expect post-war expansion

July 14, 2010 (LBO) - The Council for Business with Britain (CBB) made up of firms doing business with the UK is expecting more business volumes between the two countries with the end of a three decade long war. "As patron of the CBB, I am pleased to support this group in their on-going efforts to promote bilateral business relations between the UK and Sri Lanka," Acting British High Commissioner, Mark Gooding, said in a statement.

"Now is an important time in Sri Lanka’s economic development and the UK is already playing a role, through the companies represented by the CBB, but we can do more.

This will help further develop the strong existing economic and cultural links between our two countries at this exciting time for Sri Lanka."

The CBB has a membership of over 140 companies.

"¦[T]he Council must look at ways to interact with its members in order to assist them in benefitting from the expected upturn in trade and business in general," the newly elected chairman of the CBB, Nick Nicolaou, who heads HSBC Bank was quoted as saying.

At the annual general meeting of the council held this week Shirendra Lawrence, managing director, MAS Active (Pvt.) Ltd. was elected vice chairman, a