“The Sri Lanka–Korea Business Council of the Ceylon Chamber of Commerce recently hosted an awareness session titled “Doing business with South Korea”, bringing together key stakeholders to explore opportunities for strengthening bilateral trade and investment relations between Sri Lanka and the Republic of Korea.”

“The session featured a distinguished panel of resource persons comprising Korea Trade-Investment Promotion Agency (KOTRA) Director General Lee Kyungseok, Department of Commerce Sri Lanka Head of Trade Charitha Yattogoda, Origin Division Head of the Rules Jagath Abeywarna, Embassy of Sri Lanka in South Korea Minister Counsellor – Commercial Chandima Abeyratna, who joined the session virtually and newly appointed Commercial Officer designated to South Korea Kasun Balasooriya. Korea International Cooperation Agency (KOICA) Country Director Lee Yoo Li, also attended as an invitee.”

“The session provided an overview of bilateral trade and investment relations, while highlighting potential export opportunities to South Korea by identifying high-potential sectors for Sri Lankan exporters.”

“It also explored emerging trends and future prospects for Sri Lankan products, along with the effective utilisation of the Asia-Pacific Trade Agreement (APTA).”

“In addition, guidelines on eligibility and compliance under APTA were outlined, offering practical insights for businesses seeking to enter and expand in the Korean market.”

“Ambassador Miyon Lee acknowledged the Sri Lanka–Korea Business Council as a long-standing partner of Korean companies and commended the resilience of the Sri Lankan people in the face of recent challenges.”

“She highlighted progress made by Sri Lanka in economic stabilisation, institutional reforms and anti-corruption efforts, describing these developments as encouraging for investors.”