Wednesday, August 22, 2012

Lanka Seychelles to share experiences for economic development


Wednesday, 22 August 2012 10:43 | News.lk
Sri Lanka and Seychelles will establish direct Air link between the two countries immediately enabling increased trade and tourism between the two island nations and neighboring countries. At the discussion held between the visiting president of the Republic of Seychelles  Alix Michel and  Basil Rohana Rajapaksa, Senior Adviser to H.E. President and Minister of Economic Development, at the Hilton Hotel yesterday, it was decided to open up a direct flight service between the two countries immediately.
Sri Lanka will extend a credit line to the Seychelles to use in trade and commercial transaction with Sri Lanka. Seychelles can use these credit facilities to buy commodities and services from Sri Lanka Minister Basil Rajapaksa said at the discussion.
The two countries agreed to have a joint programme to develop cottage industries and exchange experiences and know how and to start with Sir Lanka will help Seychelles to develop cottage industries in relation to coconut  production.

President Michel and Economic Development Minister discussed the possibility of Sri Lanka investing in Seychelles hotel industry. The two countries will initiate a joint programme to develop tourist industries targeting high end tourists since both countries have promising opportunities in the tourist sector.
Seychelles has a well develop fishing industry and it has industrial, semi industrial and primary ventures. Sri Lanka has entered industrial ventures in fishing establishing a canned fish factories very recently. The two countries will exchange these experiences to develop fishing industry.
Another area extensive discussion was centered on was maritime link programme between the two countries which will facilitate trade and tourism between the two counties extending facilities to the neighbor countries of the Seychelles such as Madagascar, Murushe.
Sri Lanka dockyard and ship building firms can venture into this programme and benefit from it expanding their services to Seychelles. delegation said.
 President Michell said that the two countries have many similarities and therefore we can share our experiences for the economic development and well being of the people. Since Seychelles import most of its requirement from other countries Sri Lanka has potential to increase exports.
Minister  Basil Rajapaksa said after the end of conflict Sri Lanka was able to achieve good results in economic development despite the global economic setback and the country gives priority to infrastructure development. He also emphasised that Sri Lanka's strategic location in the international maritime and aviation centre is beneficial to investors as well as traders and Sri Lanka has become a fast developing regional hub in the South Asia. 
 Jean Paul Adam, Minister of Foreign Affairs of Seychelles,  Peter Sinon, Minister of Natural Resources and Industry of Seychelles,  Waven William, High Commissioner of Seychelles to Sri Lanka, Prof. Sunada Madduma Bandara, Director  General of the Ministry of Economic Development,  Dr Nalaka Godahewa,  Chairman of Sri Lanka Tourism Development Authority, Ms. Saroja Sirisena, Director General  of External Affairs, Ministry of Economic Development,  Khan, Director General of Economic Affairs, Ministry of Foreign Affairs and Dr. Nihal Samarappuli, Executive Director of the Board of Investment also participated at the discussion.