FCCISL facilitates the first ever – Jaffna International 2010 Trade fair

Colombo, Sri Lanka- April 21- The Federation of Chambers of Commerce & Industry of Sri Lanka (FCCISL), together with Lanka Exhibition and Conference Services and the Chamber of Commerce and Industries of Yarlpanam Chamber successfully concluded the Jaffna International Trade Fair held last week. The Trade Fair was attended by large numbers of entrepreneurs, various business stakeholders from Colombo and the Northern and Eastern province and Small and Medium Enterprises.

The Chief Guest at the Fair was the Indian High Commissioner for Sri Lanka, HE Ashok Kanth, the Mayor of Jaffna, GA Jaffna along with other representatives.

Speaking at the Fair, HE Ashok Kanth said that ‘the Government of India is committed to helping the industry and trade and the socio economic welfare of the people of the North.’ He added, “the Government of India is also prepared to construct railroad tracks between the South of Sri Lanka and Kankansanthurai and tracks between Madawachchiya and Thalaimannar.”

HE Kanth mentioned that a probable ferry service linking Point Pedro and Thalaimannar to Rameshwaren will facilitate easier access from the North of Sri Lanka to south India. In addition, a visa center located in Jaffna will provide easier access for the people to travel for trade and conduct their business partnerships.

“This was the first ever international Trade fair to be held in the Jaffna peninsula in over three decades and was an ideal moment for overseas participants to come here and see for themselves the business opportunities and the possibilities of linking partnerships,” said Kosala Wickremanayake, President of the FCCISL. Over 30 Indian participants were showcased at the event along with over 140 trade stalls representing leading Colombo companies interested in dealing with agricultural produce, training of business processes, applications of direct and indirect technology transfers and business joint ventures. “The success of these partnerships will be the outcome of greater prosperity in due course for the people in Jaffna who need all the help and commitment to get on with their lives,” he added.

According to Mr. Kosala Wickremanayake, the objective of this Trade Fair was to facilitate market linkages between the North and the South as well as from India. The importance of technology transfers and proper business processes are an important aspect of the long term stability and growth of many SME’s coming up in Jaffna. “Many entrepreneurs, keen on rebuilding lives and livelihoods require proper assistance and industry advice as well as proper partnerships to ensure their sustainability,” averred Mr. Wickremanayake. “This form of knowledge sharing during the duration of the Trade Fair was appreciated and well accepted from all stakeholders.”

In addition, business related seminars organized and represented by the BOI, the IDB and the banking and financial sector were held. Industry experts spoke at the various events organized during this three-day Fair.

The FCCISL is the national apex body of chambers of commerce and sectoral associations in Sri Lanka. Over the past 14 years, the FCCISL has been the voice and the facilitator for businesses and entrepreneurs across the country with the distinction of having over 15,000 business units under 56 Chambers nationwide.