Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka presides over UNCTAD's High-level International Investment Agreements Conference 2017 in Geneva
Wed, Oct 11, 2017, 09:29 pm SL Time, ColomboPage News Desk, Sri Lanka.

Oct 11, Geneva: Sri Lanka Ambassador and Permanent Representative to the World Trade Organization (WTO) R D S Kumararatne has been unanimously elected to chair the Fifth session of the United Nations Conference on Trade and Development (UNCTAD) key annual meeting.

The "High-level International Investment Agreements Conference on Investment, Innovation and Entrepreneurship for Productive Capacity - building and Sustainable Development", being held in Geneva from 09 - 11 October 2017 is devoted to discuss reforms of international investment agreements.

As the Chair, Ambassador Kumararatne in his opening remarks highlighted the current financial gap of US Dollar 2.5 Trillion in meeting the sustainable development goals for developing countries and therefore the need for the best possible policies at national and international levels that can attract and channel investment to the countries, areas and vulnerable groups that are most in need of such investments.

The international dimension is, for many countries, a key component as there is a need for foreign investment to complement scarce domestic resources in many countries, he noted.

While appreciating the key role played by UNCTAD in taking up the discussions on international investment policies on sustainable development, Ambassador Kumararatne stated that the high level conference could be another milestone in the global policy debate on investment for sustainable development.

This conference was attended by over 200 delegates and experts from all over the world.

Permanent Representative of Sri Lanka to the United Nations Ambassador Ravinatha Aryasinha and Executive Director, Research and Policy Advocacy Department of the Board of Investment of Sri Lanka Mrs. Champika Malalgoda represented Sri Lanka at this meeting.

 

ColomboPage - Recent 10 Stories ::
Inform power failures to 1987 promptly, refrain from touching downed lines - Ministry
-- [3 hours ago]
UNP MP Chaminda Wijesiri to leave government
-- [4 hours ago]
Army troops ready to be deployed in disaster situation
-- [4 hours ago]
Nations Trust Bank - realizing dreams
-- [4 hours ago]
Five killed in Sri Lanka due to adverse weather
-- [6 hours ago]
Schools closed in Ratnapura, Dehiowita and Nivithigala due to adverse weather
-- [7 hours ago]
Flood warnings issued as water level rises in rivers
-- [7 hours ago]
Government to recruit more qualified teachers to uplift estate sector schools
STF arrests four members of Ava gang in Jaffna
Sri Lanka OMP to set up 12 regional offices to inquire into missing persons

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.