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| Sunday, 31 March 2002 |
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Trade, investment delegation from Maldives A 20-member trade and investor delegation from Maldives will be in Sri Lanka from April 2 to 50. The delegates cover a variety of fields including pharmaceutical, electronic items, liquor, handicraft, photography items, aroma therapy and health spa products, beverages, garments, sports goods, construction material, computer software and hardware, shipping, real estate, tourism related activities, marketing and distribution. The delegation is organised by the Sri Lanka Trade Centre in Maldives of the Export Development Board (EDB). A seminar will be held on April 3 which will be followed by business meetings with Sri Lankan exporters and investor partners. The members of the mission will hold individual meetings with Sri Lankan counterparts. Sri Lankan exports to Maldives have increased from Rs. 428 million in 1993 to Rs. 3745.97 million in 2001. Considering the proximity of the market and the possibilities of exporting, particularly perishable items such as fruits and vegetables, Maldives is considered a high priority market by the EDB. Sri Lanka enjoys a market share of about 13 per cent in the Maldives. Among the main exports to Maldives are woven fabrics, garments, food and beverages, tobacco, chemicals and plastic products, general machinery and electrical products. |
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