Written by Staff Writer
12 Nov, 2013 | 11:58 am
The Commonwealth Business Forum that is held concurrent to the Commonwealth Heads of Government Meeting is currently underway in Colombo.
The traditional lightning of the oil lamp marked the commencement of the opening ceremony of the Commonwealth Business Forum.
President Mahinda Rajapaksa was the chief guest at the ceremony.
Minister of External Affairs Prof. G.L. Peiris, Minister of Investment Promotion Lakshman Yapa Abeywardene, Chairman of the Commonwealth Business Forum Dr. Mohan Kaul and a large gathering of local and international business leaders were present for the ceremony.
Speaking at the Forum President Mahinda Rajapaksa stated:
“We are delighted to have you in our peaceful country. The Commonwealth family consists of some of the world’s smallest and largest countries as well as some of the worlds richest and poorest citizens. The annual per capita incomes of these countries range from about 250 US Dollars to about 50,000 US Dollars. This stark reality conveys the significant wealth disparity within the Commonwealth nations and therefore the selection of the forum theme, ” Partnering of wealth creation and social development is undoubtedly relevant and timely.”
Chairman of the Commonwealth Business Council Mohan Kaul stated,
“This event will also provide a platform for Sri Lanka to showcase its business community to the world and the incredible, opportunities whether it is to be in textile, ports services, plantation, energy, ICT or professional services that are bound in every sector, I have no doubt that this event will lead to subsequent increase in investment in Sri Lanka. We have set ourselves an ambitious target for investment in Sri Lanka as a result of this forum and I am confident your excellency that this will be achieved.”
Minister of External Affairs, Prof. G.L. Peries also expressed his views at the forum,
“So, now that we are in a position to enjoy to the full the benefits of peace and stability, President Rajapaksa is steering his country on a course which involves several other elements. One of these is the colossal emphasis on the island’s physical infrastructure. As we vanquish terrorism and reach out to the world with our ports and harbours, opening up our economy, the central challenge facing the government is to match two things. These two things are the vistas of opportunities opening up before us and how we make it possible for our youth, talented and resourceful as they are to make the maximum use of the new opportunities that are now within their reach.”
The Commonwealth Business Forum will be held until November 14.
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