The proposed Free Trade Agreement between Thailand and Sri Lanka, would enhance Thailand’s investment in Sri Lanka, said Executive Director of the Bureau of Asia, Africa, and Middle East Department of Trade Negotiations at the Ministry of Commerce of Thailand Aumaporn Futrakul.
Futrakul said that this would be in various sectors such as construction, infrastructure, agro-industry, fishery, gems and jewellery, tourism and related services industry.
Futrakul made these observations at the Sri Lanka – Greater Mekong Business Council (SLGMBC) of the Ceylon Chamber of Commerce recently hosted a meeting with the Thai Government Delegation representing the Department of Trade Negotiations of Thailand.
“The proposed FTA will also be providing Sri Lankan industries and consumers with enhanced access to Thailand’s market such as automotive, machinery, electronics, appliances, sugar and plastics.”
Director -PPP Advisory and Deals Strategy of PricewaterhouseCoopers, Ruvini Fernando, delivered a comprehensive overview of opportunities for collaboration between Sri Lanka and Thailand, highlighting key sectors and investment possibilities.
Throughout the event, attendees had the opportunity to engage with the Thai government representatives, raising pertinent questions and discussing matters related to conducting business in Sri Lanka and exploring investment opportunities for establishing joint ventures in the country.
The meeting aimed to foster business collaboration between Sri Lanka and Thailand and provide valuable insights into trade opportunities and investment prospects in both countries.
The primary objective of the meeting was to equip the Sri Lankan business community based in Thailand with updated information on conducting business in Sri Lanka, while also fostering enhanced understanding of the opportunities for bilateral trade and investment between Sri Lanka and Thailand.
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