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Indian envoy says Sri Lanka has carved out a niche for itself in its economic relations with India

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Indian envoy says Sri Lanka has carved out a niche for itself in its economic relations with India

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August 2, 2019
in Business, Development news, Economy, India, Sri Lanka, Top Story
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Colombo, August  2 (newsin.asia): The Indian High Commissioner in Sri Lanka, Taranjit Singh Sandhu, has said that Sri Lanka has carved out a niche for itself in its economic and commercial relations with India.

Speaking at the 11th Annual General meeting of the Indo-Lanka Chamber of Commerce & Industry was held at the Taj Samudra here on Friday, Sandhu said that if Sri Lankan Airlines is the largest foreign carrier to India; if the 80 % of the business of Colombo Port comes from India-related trans-shipment cargo; if Indians are the largest source market for Sri Lankan tourism, it is not just because India and Sri Lanka are neighbours; it is because Sri Lanka has carved out a niche for herself in certain sectors.

The High Commissioner appreciated the contribution of the Indo-Lanka Chamber towards strengthening India – Sri Lanka bilateral relations.

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Officials of the Indo-Lanka Chamber of Commerce with Indian envoy Taranjit Singh Sandhu and Head Economic Division in the Indian High Commission Suja Menon

The envoy noted that the cornerstone of India’s policy,”Sabka Saath, Sabka Vikas aur Sabka Vishwas” (together with all, for the development all, and with the trust of all), is not just for India, but also for the nighbourhood and the world at large.

The President of the Indo- Lanka Chamber Romesh David spoke about the active engagement between the industries of the two countries. He enumerated the efforts made by the Indo-Lanka Chamber to further strengthen bilateral economic relations. He also recalled the visit of the Chamber to Confederation of Indian Industries (CII) Partnership summit in Mumbai in January 2019.

(The featured image at the top shows India envoy Taranjit Singh Sandhu speaking at Indo-Lanka Chamber of Commerce)

 

 

 

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