Home Business UK Trade Envoy visits Sri Lanka to strengthen economic ties
Business

UK Trade Envoy visits Sri Lanka to strengthen economic ties

Share
Share

Lord Hannett of Everton, the UK Prime Minister’s Trade Envoy to Sri Lanka, is on an official visit to Colombo from May 25 to 28, his first since being appointed in January 2025

During his visit, Lord Hannett is holding talks with senior government officials including Trade Minister Wasantha Samarasinghe and Deputy Industries Minister Chathuranga Abeysinghe to explore trade and investment opportunities and discuss efforts to improve the ease of doing business.

He is also meeting with local and UK business leaders, education providers, and women entrepreneurs, and visiting several UK-affiliated companies such as De La Rue, HSBC, and the MAS Silueta factory.

A key highlight of the visit is the launch of the SheTrades webpage in partnership with Sri Lanka’s Export Development Board, aimed at supporting women-led businesses in accessing global markets.

With bilateral trade valued at around £1.6 billion, the UK is Sri Lanka’s second-largest export market. 

The UK is encouraging greater transparency and market reforms to boost investment and enhance economic ties between the two nations.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Business

Sri Lanka boosts export footprint with organic growth and ethical manufacturing

Sri Lanka is making significant strides in expanding its export portfolio, particularly...

Business

Sri Lanka’s trade balance: Vehicle imports drive 29% surge in April trade deficit

Sri Lanka’s trade deficit has widened to USD 717.5 million in April...

Business

DFCC Bank becomes first foreign corporate to list a bond on India’s NSE International Exchange

DFCC Bank PLC has become the first foreign corporate entity to list...

Business

Sugar importers warn tax hike will hit consumers

Sugar importers have warned President Anura Kumara Dissanayake against any move to...