Sri Lanka and Israel discuss enhancing trade

July 4, 2023 at 12:30 PM

An official delegation from Israel met senior officials of Sri Lanka’s Export Development Board (EDB) recently (June 29) for a fruitful discussion to explore avenues to promote trade and economic cooperation between the two nations.

According to the EDB, the delegation from Israel was represented by Mr.Ophir Kariv, Head of Bureau, Economic Affairs Division of the Ministry of Foreign Affairs of Israel and Ms. Hagar Sapiro-Tal, First Secretary of the Embassy of Israel in India (with accreditation for Sri Lanka). 

During the discussion, views were exchanged on exploring mechanisms to enhance bilateral trade between the two countries. Valuable insights were shared on trade opportunities available in Israel and possible trade promotional events that could be organized. The Israel delegation was pleased to be informed of the informative webinar that was organized by the Sri Lanka Embassy in Israel and EDB for Sri Lankan exporters in collaboration with Israel – Sri Lanka Chamber of Commerce and Israel – Asia Chamber of Commerce on 19th June, 2023. 

Given the growing enthusiasm about the Israeli Market among the Sri Lankan exporters, the EDB senior officials expressed their intention to conduct sector-specific webinars as well as inward and outward B2B missions in partnership with Israel authorities. The EDB Directors also provided an overview of the sector and market-wise capabilities of the Sri Lankan export sector to the visiting Israel representatives.

The EDB further said in its statement that the representatives from Israel highlighted the opportunities for collaboration between the two countries in sectors such as Health-tech, Biotech, and Agro-tech given Israel’s prowess in science and technology.

EDB Chairman Dr. Kingsley Bernard and EDB Directors Janka Badugama, Anoma Premathilake, Indumini Kodikara, and Manoja Dissanayaka together with Senior EDB Officials participated in the meeting. (NewsWire)