🇧🇪🇱🇺 Sri Lanka and Benelux Private Sectors Forge New Trade & Investment Alliances

A high-profile, 20-member business delegation from Belgium and Luxembourg (Benelux) is on a week-long economic mission (June 16–21) to Sri Lanka to boost bilateral trade, investments, and technology transfers. Key Highlights: • Strategic MoU Signed: The Ceylon Chamber of Commerce (CCC), Sri Lanka–Benelux Business Council, and BELGOLUX–Sri Lanka Business Council signed a milestone agreement to deepen private-sector collaboration and B2B linkages. • Sector Breakdowns: The visiting delegation represents key growth sectors including food & beverage, ICT/BPM, technology, manufacturing, energy, financial services, and trading. The Luxembourg Stock Exchange is also represented. • Investment & Regional Focus: The mission includes visits to longstanding Benelux investments, such as United Tobacco Processing Ltd. in the Katunayake FTZ, alongside an economic forum at Port City Colombo and exploration of tourism and investment opportunities in the Southern Province. • Diplomatic Context: Supported by the EU, Belgium expressed commitment to Sri Lanka’s economic reform and recovery agenda as the two nations prepare to mark the 75th anniversary of diplomatic ties in 2028. Potential new areas of collaboration highlight logistics, agribusiness, and renewable energy.