The Ambassador of Germany Joern Rhode will be the Guest Speaker at a session on ‘Bilateral Trade between Sri Lanka and Germany’ organized by the National Chamber of Commerce of Sri Lanka on July 20 from 3pm to 4.30 pm at the Chamber Auditorium No 450 D.R. Wijewardena Mawatha, Colombo-10.
Germany is the second largest Importer and also the second largest Exporter in the world and is the most populated country in Europe with around 81.7 million people. It shares common borders with nine countries, which makes it the most important transit route within Europe and today Germany is the most economically and politically strong country in Europe, under Chancellor Angela Merkel, and President Joachim Gauck.
Sri Lanka Exports to Germany include apparel, tea, retreaded or used pneumatic tyres of rubber and solid or cushion tyres.
Sri Lanka imports from Germany include optical, photographic, cinematographic, measuring, medical or surgical instruments and beverages.
The projects come under German aid in Sri Lanka include the Port of Colombo in 1961, the cement factory in Kankesanturai, the paper factories in Valachchenai and Embilipitiya and the iron foundry at Enderamulla. Through (GIZ), aid was granted to more than fifty projects, in the North and East, to help low income groups, small and medium enterprises and industrial projects. Today, more than 170 BOI-approved German ventures operate in Sri Lanka. There are more than 50,000 German tourist arrivals a year, and some operate tourist inns in the south and large potential for tourism.