Qatar-Sri Lanka Business Council launched to boost economic ties
A new business council aimed at significantly improving bilateral trade relations was recently inaugurated at the Sri Lankan embassy in Doha. The initiative seeks to enhance economic ties between Qatar and Sri Lanka.
The ‘Qatar Sri Lanka Business Council’ will serve as a platform to foster closer relationships between business communities in the two countries, as well as promote and develop mutual investments and bilateral trade opportunities.
The inaugural event was held in the presence of Sri Lkanka’s Ambassador to Qatar Mohamed Mafaz Mohideen, office bearers of the council, and embassy officials.
“The council’s establishment isn’t 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,” said Ambassador Mohideen.
“Qatar and Sri Lanka share a rich history of trade and cultural exchange. And now, through this Council, we’ve the opportunity to elevate our commercial relationship to new heights. The council will 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,” he added.
Qatar Sri Lanka Business Council President John Prasad spoke about its main aims.
“We want to promote bilateral trade, share investment opportunities, foster business collaboration, enhance networking, and support Small and Medium Enterprises. We’ll work to create a balanced trade relationship, encourage Qatari investments in key sectors in Sri Lanka like tourism, real estate, manufacturing, products, and services,” he said.
“The success of the business council hinges 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’ll mutually benefit our countries,” said Prasad.
The 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 launched a website detailing its objectives as well as different trade and investment opportunities in Sri Lanka.
The council’s debut office bearers include A. Yoonus as vice-president, Waruna Gunasekara as secretary, Adil Nastar as treasurer and Shreen Abeysekera, Intiqab Rawoof, Tara Dias, Neomal de Silva, Chanka Dissanayake and Saad Imthiyaz as members.
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