Wednesday, November 29, 2017

‘Govt must have sustainable policies to link to rest of world’

German Ambassador to Sri Lanka and the Maldives, Jörn Rohde speaking at the event. Picture by Chaminda Niroshana

German Ambassador to Sri Lanka and the Maldives, Jörn Rohde urged the Sri Lankan government to formulate sustainable, conducive and predictable policies to open up the Sri Lankan economy and to create much-needed business links with the rest of the world.

The Ambassador was speaking at the Annual General Meeting of the Sri Lanka Apparel Exporters Association, held in Colombo this week.

The Ambassador also called on apparel exporters to support government’s policies to open up the economy and to create a level playing field for exports.

Noting that Sri Lanka has the opportunity to be the hub of South Asia, the Ambassador noted the government needs to set the right framework to realise this ambitious goal.

Commenting on two-way trade between Sri Lanka and Germany, Ambassador Rohde said it is planned to increase the two-way trade between Sri Lanka and Germany from US$ 700 million to US$ 1.2 billion in another three years.

The Ambassador also noted that Sri Lankan exports to Germany grew by 13% while exports from Germany to Sri Lanka registered a growth of 18% during the first three quarters of 2017.

He further added that a professional German Chamber office too will be opened in Colombo in 2018 to put the business to business context on a new footing.

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