President Mahinda Rajapaksa will lead a business delegation to Belarus later this month to participate in the Belarus-Sri Lanka business forum organized by the Belarusian Chamber of Commerce and Industry.
The Belarus-Sri Lanka business forum and a Business to Business (B2B) meeting with Sri Lankan businessmen, accompanying the President during his visit to Belarus will be held in at the National library of Belarus in Minsk on the 26th of August, 2013.
The Chamber said Sri Lankan companies are interested in establishing business contacts with the Belarusian enterprises and organizations operating in a number of areas including agricultural products of tea, spices, fruits and vegetables, ayurvedic goods, tourism and accommodation business, freight, logistics, legal, insurance and banking services, rubber goods production and realization, coir goods realization, machine building and farm machinery production, and production of leather footwear and textile.
A 14-member Belarus trade delegation led by the Delhi based Ambassador of Belarus to Sri Lanka Vitaly Prima recently visited Sri Lanka to explore and enhance trade cooperation with Sri Lanka, especially in the Sri Lanka's agro-automotive industry.
According to the Sri Lanka's Department of Commerce, bilateral trade between the two countries stood at only US$ 15 million in 2012.
The delegation has expressed interest in establishing vehicle assembly lines in Sri Lanka to serve Asian markets and the Minister of Industry and Commerce Rishad Bathiyutheen has invited Belarus to explore the investment opportunities in the island's 26 Industrial Zones.