Sri Lanka’s Deputy High Commission in Chennai, as part of their ‘Economic Diplomacy Promotion of Sri Lanka in Southern India’ organised an event in Hyderabad on October 23 in association with the Federation of Telangana Chamber of Commerce & Industry (FTCCI), a statement said.
At the seminar on ‘Trade and Investment opportunities in Sri Lanka’ organized by the FTCCI, Deputy High Commissioner V. Krishnamoorthy, highlighted the potential opportunities available in Sri Lanka and said that both sides could jointly engage in projects in IT and the pharmaceutical sector as Hyderabad was a major hub for these two sectors in Southern India. Minister (Commercial) Yasantha de Silva, made a detailed presentation on trade and investment opportunities available in Sri Lanka for the Telangana entrepreneurs. More than 75 FTCCI members participated at the event and have shown their interest to do business with Sri Lanka.
The Deputy High Commissioner was also invited as the Guest of Honour of the “Accelerate 2” programme organized by the Global EXIM Institute in Hyderabad on October 24 . He stated that Sri Lanka and India have maintained and continue to maintain a long-lasting bilateral relationship in all spheres and that the Sri Lanka Deputy High Commission in Chennai will facilitate any work related to strengthening economic diplomacy between the two countries. The 150 participants at this event were also given a detailed insight on trade and investment opportunities available in Sri Lanka.
On 25 October, Deputy High Commissioner Krishnamoorthy and Minister (Commercial) Yasantha de Silva also met with Director - Confederation of Indian Industry (CII) - Hyderabad Chapter, Senior Vice President - Federation of Telangana Chamber of Commerce & Industry, Director - Federation of Indian Export Organization and Director- Q-Mart Super Market and discussed the expansion of trade and investment between the two countries.
both sides could jointly engage in projects in IT and the pharmaceutical sector as Hyderabad was a major hub for these two sectors in Southern India