🇰🇷🇱🇰 SL-Korea Trade & Investment Outlook: 30th SLKBC AGM 📈

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• Korean Economic Outlook: Ambassador Miyon Lee highlighted Korea's robust economy, stable fundamentals (low unemployment, stable inflation), and expected GDP growth recovery in 2026. Growth is underpinned by advanced sectors like semiconductors, shipbuilding, defence, and cultural industries. • Bilateral Opportunities: The Ambassador called on Sri Lanka to enhance its trade and investment climate through improved customs and regulatory efficiency. Key areas cited for deepening cooperation include automobiles, cosmetics, food products (K-culture), port development, mineral resources, and digital & AI-driven sectors. • SLKBC Leadership & Focus: Shamil Mendis (Spear International Ltd.) was elected President for 2025/2026. The Council reaffirms its mission to advance trade, investment, tourism, and business collaboration, serving as a gateway for meaningful partnership as Sri Lanka enters a phase of economic reform. • Past Initiatives: Included sessions on navigating the Korean market for start-ups, discussions on Sri Lanka’s export prospects and challenges, and a visit to Port City Colombo to explore investment avenues.

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