Israel-Asia Chamber of Commerce explores trade expansion with Sri Lanka

Sri Lanka and Israel have kicked off efforts to explore trade expansions with the Israel-Asia Chamber of Commerce and Israel-Sri Lanka Chamber of Commerce engaging in discussions with the Export Development Board (EDB).
Israel-Asia Chamber of Commerce President cum Israel-Sri Lanka Chamber of Commerce Chairperson Anat Bernstein-Reich met with EDB Chairman Dr. Kingsley Bernard recently to explore new avenues.
The deliberations were aligned with the efforts of the Sri Lankan Embassy in Israel to maximise opportunities for Sri Lanka’s dynamic private sector and create a fertile ground for export businesses.
While highlighting the substantial potential that lies within various sectors, Bernstein underscored the surging demand for high-tech, medical, pharmaceutical and electronic products, noting that these segments present ample investment prospects. She pointed out that sustainable agriculture, electronic products and IT services are high-potential areas where Sri Lanka and Israel can forge new partnerships.

The delegates also discussed about organising business delegations and mutual visits, highlighting the importance of face-to-face interactions in building strong business relationships.  To provide a platform for comprehensive discussions, a joint business forum will be convened during 2024, bringing together stakeholders from both nations.