Sunday Observer Online


News Bar »

Security: HR agencies silent over LTTE’s human shield ...           Political: FM's call for combating terrorism in BIMSTEC countries ...          Finanacial News: Bharti Airtel here no sooner issues are sorted ...          Sports: Batsmen let Sri Lanka down, says coach Bayliss ...

Thursday, June 8, 2023





Marriage Proposals
Government Gazette

Eighth SAARC trade fair concludes today

The eighth SAARC trade fair themed, “Regional opportunities for global growth “ will conclude today at the BMICH.

President, SAARC Chamber of Commerce Tariq Sayeed told the opening ceremony that fairs and exhibitions is the latest way to promote goods and services. It unleashes the untapped potential and therefore they should be organised more regularly.

He said that Germany held 348 exhibitions last year and led the list while China and USA were in second and third positions holding 260 and 200 exhibitions. There were 165 exhibitions in the SAARC region.

Sayeed said that China generates 15% of its GDP by holding trade fairs and exhibitions. If other countries take the cue they too can achieve these growth rates.

President, FCCISL Nawaz Rajabdeen said that the trade fair has 400 stalls which comprises India and Pakistan-50 stalls each and Nepal 10 stalls and Sri Lanka more than 100 stalls.

Minister of Export Development and International Trade Prof. G.L. Peiris said that we in the SAARC region are not dependent on the developed countries any more as trade has developed within the region due to trade promotion between countries by signing multilateral and bilateral agreements.

He said the SAARC region is home to over 1.4 bln people and trade within the region is a way to achieve prosperity.

Prof Peiris said that the values treasured in the region nurture and expand ties between countries in the region.

The first SAARC Fair was held in New Delhi in 1996.


Gamin Gamata - Presidential Community & Welfare Service
Ceylinco Banyan Villas
Mount View Residencies
LANKAPUVATH - National News Agency of Sri Lanka
Donate Now |

| News | Editorial | Financial | Features | Political | Security | Spectrum | Impact | Sports | World | Plus | Magazine | Junior | Letters | Obituaries |


Produced by Lake House Copyright © 2008 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor