High Commissioner Rohitha Bogollagama addresses the 03rd Commonwealth Trade and Investment Summit in London
High Commissioner Rohitha Bogollagama attended the 03rd Commonwealth Trade and Investment Summit (CTIS), organised by the Commonwealth Enterprise and Investment Council (CWEIC), which is being held in London on 27th & 28th November 2023. The CTIS was attended by many Commonwealth dignitaries including the participation of head of state from Samoa, Ministers of Trade and Industry of Ghana and Nigeria, High Commissioners, senior officials, business leaders, technocrats etc, from across the Commonwealth, for two-day sessions, meetings, round table sessions and networking.
Addressing the gathering of the CWEIC’s Strategic Partners, at the Session namely “the Global Advisory Council Meeting”, High Commissioner Bogollagama presented an overview and the latest on the economic and investment climate and the opportunities in Sri Lanka, and stated that Sri Lanka has gone through various stages of international relations and domestic compulsions, but has always been a resilient, while overcoming challenges, whatever the issues confronted and getting into development stages.
Sri Lanka’s geopolitical positioning as the ‘Centre Point’ in terms of development and accessibility among the East, Far East, Middle East, and the West, and also to a larger market in South Asia having nearly a 2 billion population, has created an immense advantage for the country. Sri Lanka, with the correct infrastructure, common legal system, independence of the judicial, ensured rule of law, English language education, highly educated and adoptable workforce with technical skills, a good road network, tourism and other infrastructure etc, is well on track to attract new investments such as greenfield and especially tech-investments and innovations.
High Commissioner Bogollagama further stated that Sri Lanka, as one of the foremost founding members of the Commonwealth, and its investment Promotion arm CWEIC, which is a major platform for Sri Lanka to promote investment, will continue to be on Sri Lanka’s trajectory to reach greater heights.
High Commissioner Bogollagama also thanked Lord Marland, Chairman of CWEIC for giving an opportunity for Sri Lanka to take part in that important session that he moderated, by associating in a deeper and wider manner with his colleagues and the network of the CWEIC etc.
Finally, High Commissioner Bogollagama invited all potential investors from respective companies, countries, Commonwealth network and the world at large, to look at Sri Lanka as an investment and commercial destination on a plug and play basis, and to seize the opportunity to invest in Sri Lanka– a nation on the rise.
The CTIS is a Business-to-Government Summit with the participation over 550 international delegates from 56 Commonwealth member nations, provided an opportunity to focus and strategies on key Commonwealth investment and trade related issues at the midpoint between the Commonwealth Business Forum in Kigali in June 2022, and the upcoming CHOGM and the Commonwealth Business Forum to be held in Samoa in October 2024.
High Commission of Sri Lanka
London
28 November 2023
