The Sri Lanka Business Council of the Maldives (SLBCM) was officially launched on 12 November 2024, at Hotel Jen Malé. This initiative, conceptualized and spearheaded by High Commissioner of Sri Lanka to the Maldives, Ranga Goonawardena, marks a major step forward in fostering stronger economic collaboration and unlocking new opportunities between Sri Lanka and the Maldives. The event was attended by Ministers, High Commissioners, Ambassadors, prominent Sri Lankan and Maldivian business leaders, government officials, and other dignitaries.
The Council is affiliated with the High Commission of Sri Lanka in the Maldives, underscoring its role as a key facilitator in strengthening trade, investment, and business relationships between the two countries.
The chief guest of the event, Minister of Economic Development and Trade of Maldives, Mohamed Saeed, commended the Council as a vital step in formalizing the synergy between the business communities of Sri Lanka and the Maldives. “This Council is a testament to the deep economic bonds our countries share, with bilateral trade already surpassing $160 million annually. This platform will play a critical role in generating employment, enhancing trade, and fostering innovation,” he stated.
High Commissioner Ranga Goonawardena expressed a deep sense of accomplishment in realizing this key initiative, highlighting it as one of his priorities. In his remarks, he stated “This Council was born out of an idea I personally envisioned, driven by the immense potential I saw in strengthening the economic ties between our two countries. It is more than a platform; it is a bridge to opportunities and a commitment to prosperity for both Sri Lanka and the Maldives”.
The President of the Sri Lanka Business Council, Duminda Rathnadiwakara emphasized the Council’s focus on fostering connections not only at the government level but also within the business communities of both countries. He outlined its mission to create practical pathways for collaboration, ensuring that opportunities are accessible to all enterprises.
The Council comprises 14 Executive Committee members and has introduced a special membership category for Maldivian business leaders, with 25 honorary members inducted at the event. These memberships reflect the Council’s aim to build a collaborative network of professionals dedicated to enhancing bilateral business relations.
The establishment of the Sri Lanka Business Council of the Maldives occurs at a pivotal time as both countries seek to strengthen economic ties and foster mutual growth. The Council is expected to facilitate partnerships, support entrepreneurs, and attract new investments.
High Commission of Sri Lanka
Malé
19 November 2024
