Sri Lanka seeks further trade links with Palestine

by admin
Apr 12, 2012

Hoping to capitalise on Palestine's $4.02 billion economy, Sri Lanka seeks further trade links and tourism investment with Palestine.

Sri Lanka's minister of Industry and Commerce, Rishad Bathiudeen, and his Palestinian counterpart, Khuloud Daibes, discussed ways of increasing trade between the two country's during a recent trade show.

Addressing delegates at the show last month, Daibes said,

"While offering greetings from our President and the Prime Minister, I should stress that Palestine can almost feel the great potential Sri Lanka has. We are glad that we have been able to arrive for Expo 2012 and become part of Sri Lanka’s resurgence"

"We believe there is strong partnering potential between SL and Palestine for tourism cooperation, specially with regard to Sri Lankan’s interest in Holy Land and other Holy Places in Palestine. We are prepared to offer joint ventures between Palestinian Hotels in Bethlehem and Sri Lankan investors to help Sri Lankan pilgrims coming to Bethlehem."

Responding to Daibes' comments, Bathiudeen said,

"I believe that a Joint Investment Forum between the two countries can kick-start bilateral trade process in this resurgent climate. I believe that Expo 2012 also can help in this direction."

See 'European embassies that serve no purpose will close - Sri Lanka' (27 Mar 2012)

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