AMCHAM holds 23rd AGM in Colombo

AMCHAM holds 23rd AGM in Colombo

AMCHAM holds 23rd AGM in Colombo

Written by Tharushan Fernando

30 Sep, 2015 | 9:29 pm

The 23rd Annual General Meeting of the American Chamber of Commerce Sri Lanka, or AMCHAM, was held in Colombo on Tuesday.

A new board of directors was appointed at the AGM held.  Asanka Ratnayake was re-elected as President of AMCHAM, while Nimal Cooke was re-elected as Secretary.

Chairman of the Asia Pacific Council of American Chambers of Commerce, Jackson Cox stated:

This is an amazing region , even without its economic potential. But with its economic potential makes it a no-brainer for any industry that is seeking new markets

He further stated:

The trends of growth is trade in this region are clear – economies that are looking outward and offering access to their markets by breaking down tariffs and non-tariffs barriers and making the domestic reforms needed to ensure their own laws and regulations reflect the realities of 21st century are on the right side of history. And these economies will create real paths to prosperity for their people.

He went on to state:

The private sector must take the lead in advocating these issues and AMCHAM have, and will continue to play a key and central role. These opportunities in these region are limited only by our own imagination

U.S. Ambassador to Sri Lanka, Atul Keshap speaking on the occasion stated:

We now have a golden opportunity to ensure that our bilateral business relations can fully blossom and I don’t say this because of some change in the American government policy.

The Ambassador added:

Our commitment as a government to strengthen our economic partnership with Sri Lanka is long-standing and has never wavered.

He stated:

My confidence rather is fueled by the remarkable changes that have taken place in Sri Lanka –  changes ushered in by the voters of Sri Lanka in the January Presidential Election and ratified by the voters of Sri Lanka in the recent parliamentary election. Today, we have a partnership with a government that shares our commitment to boosting bilateral trade and investment.

He also stated:

The people of this country elected President Sirisena and Prime Minister Wickremesinghe thanks to their promise to implement a reformed agenda aimed at establishing transparent government. We now
look forward to real progress in important economic sectors such aas energy, transport and other areas.


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