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 Lankan President emphasizes the need of eliminating economic disparities
Fri, Sep 15, 2017, 12:26 pm SL Time, ColomboPage News Desk, Sri Lanka.

Sept 15, Colombo: Sri Lankan President Maithripala Sirisena emphasized the need of proper handling of the country's economic process to eliminate existing economic disparities.

He said this is essential as the country has been accepted as a mid-income country by international agencies and this factor has been taken into consideration when the National Economic Council was established.

President Sirisena was speaking at the Presidential Exports Awards ceremony held at the BMICH on Thursday. The President presented 59 awards for various fields including 10 special awards in the export field for year 2016. Two awards each were presented for the goods and services fields.

Addressing the gathering the President expressed his appreciation to private sector exporters who have overtaken the government in the field of exports.

Speaking at the event Minister of Development Strategies and International Trade Malik Samarawickrama pointed out that Sri Lanka has confined its exports to only three major markets - US, UK and India and to only few products and the trend needs to be changed.

He noted that Sri Lanka has not been very successful in exporting to key Asian markets like Japan, China, South Korea and Hong Kong. These four countries are among the top 10 markets for exports in the world, accounting for 20 percent of the global export market, but accounted for only 6% of Sri Lanka’s exports, he pointed out.

The Minister said "It is high time we made stronger inroads in Asian markets."

 

ColomboPage - Recent 10 Stories ::
Supreme Court indefinitely postpones decision on former chief Justice's petition on PC election act
-- [1 hour and 43 minutes ago]
Prime Minister criticizes media for publishing fabricated news
-- [2 hours ago]
Northern protesters meet President for discussions on Tamil prisoners
-- [3 hours ago]
Indonesian Naval Ship arrives at Sri Lanka port on a goodwill mission
-- [3 hours ago]
Human Rights Watch makes submission concerning Sri Lanka's military occupation of schools to UN Committee on the Rights of the Child
-- [4 hours ago]
Sri Lanka Multi-Day trawlers catch over 14,000 kg of tuna in deep sea fishing
-- [5 hours ago]
Sri Lankan President calls on journalists to present truth
-- [5 hours ago]
Sri Lanka to launch national program to eradicate all forms of poverty by 2030
-- [6 hours ago]
Pakistan Foreign Secretary launches Pakistan Alumni Society of Sri Lanka
-- [7 hours ago]
Mobitel launches South Asia's first NB-IoT Network at Techno 2017 in Sri Lanka
-- [7 hours ago]

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.