25 Lankan exporters for Global SME Trade Fair

The Sri Lanka-Malaysia Business Council of the Ceylon Chamber of Commerce will take 25 promising Sri Lankan exporters to the Global SME Trade Fair to be held from September 5-8 in Kuala Lumpur, Malaysia to promote bilateral business opportunities to mark 50 years of diplomatic ties between the two countries.

The Global SME 2007 will be the biggest event for small and medium businesses in the ASEAN region to network and explore trade opportunities and forge smart business partnerships.

The Global SME 2007 will be the gateway for Sri Lankan companies and entrepreneurs to accelerate their business network and exports. The International Market Place attracted over 11,000 visitors last year. It is organised by The Small and Medium Enterprise International Corporation Association of Malaysia and the Kuala Lumpur Malay Chamber of Commerce.

Malaysia, one of the most developed nations in Asia has a harmonious, multi-religious and multi-racial society of 26 million people with a high GDP per capita. Malaysia is the world's 19th largest exporter and has emerged today as the leading trading nation in the ASEAN region.

Malaysia has a steadily growing SME sector and a broadbased manufacturing sector which accounts for 80% of the country's exports. Malaysia is one of the world's largest producers of microchips and palm oil. Today Malaysia is positioned as the gateway to the Asia Pacific region which consists of many Asian tiger economies that are vital markets for Sri Lankan exports.