International Matchmaking and Business Partnering

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The Sri Lankan government has sought to limit China’s role to running commercial operations at the port while it has oversight of broader security. Sri Lanka’s Cabinet on July 25 approved the sale to a Chinese firm of a 70 per cent stake in the Hambantota port, tweaking the deal after the initial agreement sparked protests. Ministry spokesperson Raveesh Kumar also made it clear that India’s relations with Sri Lanka “stand on its own and is not dependent on our relations with any third country.

Facing widespread criticism for Sri Lanka’s reliance on Chinese loans, Wickremesinghe is under pressure to improve the island nation’s finances. The deal had been delayed by several months over concerns that the deep-sea port could be used by the Chinese Navy. This has given India pause, as it wants to see the details of that deal.

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Please visit the export. If you are considering doing business in Sri Lanka, here are some steps you may wish to consider as you get started:. Access the U. Commercial Service Market Research Library containing more than , industry and country-specific market reports, authored by our specialists working in overseas posts. If you are considering investment in Sri Lanka, here are some steps you may wish to consider as you get started:. If you are a current U.

LTD., Sri Lankan company specialised in airports construction & management is searching for Finnish partners for establishing airport complexes (aerocities).

Life revolves around the family for most Sri Lankans. In collectivist cultures such as that of Sri Lanka, the family is the first group a person becomes a member of at birth. The interests of the family are expected to come before those of the individual and loyalty such as preferential treatment is shown to fellow family members. Furthermore, the acts of an individual can impact the perception of the entire family by others.

Three or four generations often live together, with the male side of the family connecting the relations. While the mother holds a significant amount of household authority and is respected, the father or eldest son is usually the patriarch. Age is also a source of hierarchy within the household, with elders being highly respected and cared for at home by the family far into their old age. Although there is a longstanding tradition of both men and women participating in the labour force, the general trend is for men to focus on income opportunities while women focus on the domestic sphere.

Many women do participate in the paid workforce on a significant level; however, their contribution is not evenly distributed, with a high concentration of women in professions such as tea picking, garment creating and teaching. However, women in Sri Lankan society tend to hold a higher position in society than they do in other South Asian countries. This is largely due to the fact that South Asian traditions such as child marriage are uncommon in Sri Lanka.

Moreover, Sri Lanka was the first country in the world to elect a female prime minister Formally, women have full citizenship rights, but they are still expected to defer to men across most if not all domains of life.

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A delegation from the Sri Lankan dairy sector visited the Netherlands from October , The consortium partners of the public—private partnership Sri Lankan Dutch Dairy Solutions SDDS , including Wellantcollege, were actively involved in the preparation and execution of the trade mission. The delegation consisted of officials of national authorities including the Hon. Minister Pelisge Harrison and Dr.

Hewa Waduge Cyril of the National Livestock Development Board NLDB , plus a number of private companies from the private dairy sector that aim to invest in further development of the dairy sector. They came to the Netherlands to gain more knowledge about new technologies and innovations in the Dutch dairy sector, to be informed about education and training and to find potential partners.

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In recent decades, industrialized countries have developed a number of direct instruments to help their national companies become active in the developing world. In matchmaking and similar business-partnering programmes, the sponsoring organization generally provides technical or financial assistance to private-sector partners in order to foster cooperation and help the companies to develop a profitable relationship.

Most of the matchmaking and partnering programmes are aimed at small and medium-sized enterprises SMEs in the industrialized and developing countries. Experience in rich as well as poor countries shows that the potential of SMEs to have a substantial impact on the development process is much greater than that of micro-enterprises.

All of these programmes are relatively new. PPP was set up in , though it has expanded rapidly, matching more than projects to date. Norwegian companies which are looking for a partner in a developing country submit a profile to the coordinating centre in Norway, which reviews it and sends it to a corresponding centre in the host country. If the parties agree to develop their relationship further, they can apply to NORAD for various types of industrial and commercial support.

Developing country companies can also initiate the process. In Sri Lanka, for example, the programme has received profiles from Norwegian companies since Of these, matches were found, 78 of the companies made visits to Sri Lanka and 22 have carried out preliminary studies. In all, 16 companies have signed cooperative agreements and 12 joint ventures have been formed.

The collaboration encompasses diverse branches including boatbuilding, furniture and mattress production, fishing, data processing and environmental inspections.

Matchmaking on Market Entry Opportunities with Sri Lankan Electronics & Electrical Sector

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Various tea producing countries were celebrating a tea day of their own, some classified as Black Tea Day and some categorized as Green Tea Day depending on the importance to each industry. The day was different from country to country. Sri Lanka and India used to celebrate 10th of December. The year , is going to be the first occasion to celebrate the International Tea Day.

Due to the Corona Virus pandemic attacking the entire world, the event will not consist of outside celebrations or even indoor programs due to the necessity for social distancing and staying safely indoors as much as possible. The reason for celebrating the International Tea Day and creating a popular platform is multi-fold as explained below :. Therefore, the social impact is tremendous.

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