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Tuesday, March 20, 2012 - 5.53 GMT
Big Thai delegation heading to Expo 2012 in Sri Lanka

 

The Thai-Sri Lanka Chamber of Commerce expects as many as 30 Thai entrepreneurs to travel to Expo 2012 in Colombo from March 28-30.

Expo 2012 promises to attract interest not merely from Asia, where Sri Lanka is now viewed as a fast-growing nation benefiting from a peace dividend, but also from elsewhere in the world following positive reports from institutions such as the IMF and the World Bank, says the Bangkok Post in a report published yesterday (19).

The perceptible change in the nature of the country's export sector has opened the doors to a wide variety of interests, the report further said.

The fact that Sri Lanka thought it fit to hold Expo at this time when the global economy is slowing down and some countries in Europe have fallen on hard times financially, is an indication of the confidence the country has that its export sector can find new markets despite the economic downturn in some of its traditional markets, the Bangkok Post explains.

The country's export earnings in 2011 were estimated at US$9.1 billion and are expected to reach $10.3 billion this year and $15 billion in 2015.

Expo 2012, organized by Sri Lanka's Export Development Board, is offering several concessions to visiting delegations including discounted travel on the national carrier SriLankan Airlines and good rates at some Colombo hotels.

One of the aims of the board in holding Expo 2012 is to increase by more than 50% the country's exports to markets in Asia, Africa and Latin America by 2015.

If Expo 2012 gives the boost to Sri Lankan exports as the country diversifies both its products and markets, the Asean region is bound to see more Sri Lankan products and services.

For full report please visit:

http://www.bangkokpost.com/business/economics/284958/big-thai-delegation-heading-to-expo-2012-in-sri-lanka




 

 
 
   
   
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Last modified: March 20, 2012.

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