European Union Ambassador to Sri Lanka, Tung –Lai Margue will be the Special Guest Speaker in “Meet the Ambassador ” program on “Bilateral Trade Between Sri Lanka & European Union ” on October 23, 2018 at the Chamber, from 3.00 p.m to 4.30 p.m. D R Wijewardene Mawatha Colombo 10.
The participants will get an opportunity to have a close dialogue with the Ambassador and other officials of the European Union Embassy and find out information on trade matters and services available for Sri Lankans.
The European Union is an international organization made up of 28 European countries located primarily in Europe. It has an area of 4,475,757 km and an estimated population of over 510 million. The headquarters of the European Union is Brussels, in Belgium. The EU governs the world’s biggest economy with about €14 trillion in terms of goods and services, its economy surpasses the U.S.
The United States is the EU’s main trading partner. The European Union provides more foreign aid than any other economic union. The European Union (EU) has been Sri Lanka’s largest trading partner for recent years, the balance of trade between the two parties has been in favour of Sri Lanka during last ten years, having an increasing trend with fluctuations in certain years.
Exports from Sri Lanka to EU – major export- apparel which accounts 59.68% of the total exports. Other exports are tea,Tobacco, manufactured tobacco substitutes, Solid tyres, Retreaded or used pneumatic tyres of rubber etc.
Import Items from EU to Sri Lanka includes Paper and paperboard; Iron and Steel articles, Optical, photographic, cinematographic, medical or surgical instruments, Motor cars etc
Registrations are open and more details could be obtained from the Chamber.
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