The Board of Investment (BoI) of Sri Lanka has taken steps improve the investment relations with the European Union.
Accordingly, the BoI held a meeting with major stakeholders of the European Union including Diplomats from member states of the European Union, Honorary Consuls representing EU Countries and EU investors.
This dialogue was a brainchild of Faiszer Musthapha, Deputy Minister of Investment Promotion with the purpose of engaging Western European countries in order to address some of the issues relating to investing in Sri Lanka.
Also included in the discussion were important line agencies such as the Urban Development Authority, Export Development Board, and Tourism Authority.
The Sri Lanka EU business dialogue which is a monthly meeting is an ongoing and continual process which will lead to improved perception of Sri Lanka’s investment climate.
This recent Dialogue with the European Union follows the very successful Sri Lanka – Middle East Dialogue which was also chaired by Deputy Minister Faiszer Musthapha. This is a dialogue between the Ministry of Investment Promotion and BOI, Government agencies with the Ambassadors of the Middle East countries and investors forum these states.
In both cases the dialogues proved to be a very useful forum where all sides were able to share information as well as provide valuable feedback on condition of investment in Sri Lanka.
BOI is been to address whatever bottlenecks may exist to making Sri Lanka an important hub for investment.