SL-S’pore FTA sparks investment interest among NZ firms

• New Zealand business delegation to visit Sri Lanka this April

The recently signed Sri Lanka-Singapore Free Trade Agreement has been able to create a lot of enthusiasm among New Zealand companies operating in Singapore, India and Middle East to look for opportunities in investing in Sri Lanka, Sri Lanka-Australia-New Zealand Business Council (SLANZBC) said.  

In this backdrop, a New Zealand trade delegation is scheduled to visit Sri Lanka this April.

Consul General and Trade Commissioner for New Zealand Trade and Enterprise, Ralph Hays said Sri Lankan enterprise is being viewed as an attraction and a compelling investment opportunity, particularly in augmenting the global supply chain.

The trade mission is set to take place in April and will provide Sri Lankan businesses the opportunity to participate in B2B meetings and forge business partnerships with New Zealand delegates. 

Currently 15 New Zealand companies have signed up for the trade mission with keen interest in entering the Sri Lankan market. 

Amongst the products that delegates seek to promote in Sri Lanka are Information Technology, infrastructure, manufacturing, healthcare, and food and beverage.   

“With more delegates expected to come aboard the trade mission, the promotion of more products is anticipated.  This being the third consecutive trade delegation from New Zealand speaks of its market success,” SLANZBC said in a statement.