South Korean Companies Look to Invest in Sri Lanka, Delegation Tells President
A business delegation from the South Korean city of Busan, headed by Sri Lanka’s Honorary Consul in that country Mr. Jung-Taek Shin, called on President Mahinda Rajapaksa at Temple Trees this evening.
The delegation that comprised of leading business persons from several sectors including automobile and shipping said that South Korean companies are interested in pursuing investments in Sri Lanka and requested for the President’s support, which he assured.
Mr. Shin said he looks forward to promoting investment opportunities in Sri Lanka among South Korean companies while further strengthening the relationship between the two countries. The delegation also said there could be a lot of potential for tourism between the City of Busan and Sri Lanka since there is a large Buddhist community in Busan, a city of approximately 3.6 million people situated in the southeastern tip of the country.
Secretary to the President Mr. Lalith Weeratunga and Secretary to the Ministry of External Affairs Mr.Karunatilaka Amunugama were present for the discussion.
(Courtesy: President Media)
Latest Headlines in Sri Lanka
- Stability should not come at the sacrifice of values of freedom of expression: U.S. Ambassador September 23, 2023
- Sri Lanka imports test kits to detect Nipah virus September 22, 2023
- Import tax on powdered milk increased September 22, 2023
- Sri Lanka President’s robust economic development program leads to 62.1% drop in inflation – Minister September 22, 2023
- Sri Lanka President address at the UNGA highlighting Sri Lanka’s journey to rebuild trust and global solidarity September 22, 2023