A
delegation
from the
Czech
Republic
said
that Sri
Lanka is
now
attractive
destination
to Czech
and
European
Union
investors
who want
to
operate
in a
hassle
free
environment.
The
delegation
said so
in a
discussion
with
Minister
of
Enterprise
Development
and
Investment
Promotion,
Anura
Priyadharshana
Yapa.
Dr.
Hynek
Kmonicek,
Ambassador
of the
Czech
Republic
to Sri
Lanka,
headed
the
delegation,
which
consisted
of 12
private
sector
representatives.
The
visit of
this
delegation,
the
first
from the
European
Union,
is
further
proof of
the
growing
confidence
of the
international
investor
community
towards
Sri
Lanka
since
the end
of the
conflict.
A major
reason
for this
meeting
was the
interest
expressed
by the
Czech
delegation
to play
and
active
role in
the
reconstruction
of Sri
Lanka
since
the end
of the
conflict.
At
the same
time was
a
realization
on the
part of
both
sides
that the
volume
of
bilateral
trade
between
the two
countries
that
stands
at US$
50
million
should
be
further
expanded.
Also
there is
only one
Czech
company
in Sri
Lanka,
engaged
in IT
and web
designing
operations.
A major
selling
point
for Sri
Lanka,
according
to the
Czech
Ambassador
is the
island’s
compact
size and
“a
predictable,
business
friendly
investment
environment”.
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