Qatar, Sri Lanka Business Council launched to foster trade, investment
In a bid to promote bilateral trade and investments and to foster closer relationships between business communities, the Qatar Sri Lanka Business council was launched last week in Qatar.
Ambassador of Sri Lanka to Qatar Mohamed Mafaz Mohideen said, “The establishment of this Business Council is not merely symbolic but holds immense practical value. It serves as a dedicated platform to strengthen economic ties, facilitate business interactions and explore new avenues for growth and cooperation between our two nations.”
“Qatar and Sri Lanka share a rich history of trade and cultural exchange since 1976 and now, through this Council, we have the opportunity to elevate our commercial relationship to new heights. The council will undoubtedly create a conducive environment for enhancing trade volumes, attracting foreign direct investment (FDI), and exploring emerging sectors of mutual interest by fostering direct engagement between businesses, promoting investments and facilitating knowledge exchange,”
President of Qatar Sri Lanka Business Council, John Prasad said the new council will work to create a balanced trade relationship by enhancing and diversifying trade between Qatar and Sri Lanka; encourage Qatari investments in key sectors in Sri Lanka such as tourism, real estate, manufacturing, products and services.
“It will also help to share business opportunities with the Sri Lankan business community to collaborate and explore the Qatari market through building a strong business network and relationship between the business communities of Qatar and Sri Lanka while providing the necessary information and groundwork for small and medium-sized enterprises to expand into international markets.
“The success of this business council depends on the active collaboration and participation of the business communities from both nations. By working together, we can create a dynamic and successful network that will mutually benefit our countries,”
Qatar Sri Lanka Business Council is affiliated with the Sri Lankan Embassy in Doha and all office bearers are Sri Lankan professionals currently working in Qatar’s different sectors. The council’s key office bearers include A. Yoonus as vice-president, Waruna Gunasekara as secretary, Adil Nastar as treasure and Shreen Abeysekera, Intiqab Rawoof, Tara Dias, Neomal de Silva, Chanka Dissanayake and Saad Imthiyaz as members present at the launch.
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