A special meeting was held to revive the EU-Sri Lanka Investor Dialogue that was initiated by the BOI and EU in 2014 and conducted quarterly from then until 2019.
Its purpose is to develop an effective facilitation programme for existing investors from the EU as well as to encourage and attract more FDI from the EU.
Denis Chaibi, Ambassador, Thorsten Bargfrede, Deputy Ambassador, Head of Political Trade and Communications Section and Ludovic Ciechanowski, Programme Manager, International Cooperation and Development, Delegation of the EU to Sri Lanka and the Maldives met with Sanjaya Mohottala, Chairman, BOI along with other senior officials of the BOI in this regard.
The EU Ambassador informed that the EU will prepare the agenda for the forthcoming EU - Sri Lanka Investor Dialogue and finalize arrangements in coordination with the BOI to take this dialogue forward.
The meeting also provided an opportunity to discuss matters on attracting more Foreign Direct Investment (FDI) from the European Union and the revival of EU-Sri Lanka Investor Dialogue.
During the discussion the BOI Chairman briefed the EU Ambassador regarding the forthcoming Sri Lanka Investment Forum scheduled to be held from May 4 to 6 2021, in collaboration with the Ceylon Chambers of Commerce (CCC) and the Colombo Stock Exchange (CSE). The EU Ambassador mentioned that the Sri Lanka Investment Forum could be promoted via the EU-Sri Lanka Investor Dialogue that will be revived shortly.
The EU officials also mentioned the ongoing projects with EU funding for ElectriFI and AgriFI which are instruments managed by EDFIMC that are being currently rolled out in the country and would invest directly in SL companies or JV, while Director General, BOI provided a brief narrative of investment friendly reforms underway for legal systems etc.
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