WEDF 2016 in Colombo on October 12-13

wedfThe World Export Development Forum (WEDF) 2016 is scheduled to be held in Sri Lanka on October 12-13

Minister of Development Strategies and International Trade Malik Samarawickrama together with the Chairperson and Chief Executive of the Sri Lanka Export Development Board (EDB) Indira Malwatte met with the organizing committee and sub committee members, as well as sponsors and partners for a progress review meeting of the World Export Development Forum (WEDF) 2016.

“This is one of the biggest events the new Government has undertaken, and we are well on track to making it an exceptional global conference.” As of the date of the meeting, the conference had 361 registered foreign participants, and 282 registered local participants, a number that is rapidly growing, with more registrations expected within the one-month countdown for the event.

WEDF 2016, a globally represented 2-day forum facilitating international trade is scheduled to be held in Sri Lanka on October 12-13. The International Trade Centre (ITC) together with the Ministry of Development Strategies and International Trade of Sri Lanka, through the EDB is organizing the conference, themed ‘Trade for Success: Connect, Compete, Change’. Of a number of 44 speakers in total, 32 are international speakers, including policy makers, trade experts, trade analysts and business leaders.

All those present were taken through the various areas of focus by the specific sub-committees, with the sponsors being briefed on stall plans for the mini exhibition, which would host a total of 48 booths at the Bandaranaike Memorial International Conference Hall (BMICH), the venue for the event.

“To the sponsors and partners of this event, thank you for showing us your support,” Minister Samarawickrama added.“Today the public and private sector is working together to stage a much-anticipated international conference. The important thing to remember is we need to continue this pace and keep working at it, since the whole world is watching. We need to continue this momentum because there are far greater heights that can be reached based on the success of this summit.”

Additionally a progress report was given on the business-to-business (B2B) meetings, one of the main attractions of the conference. Registered companies have a promising networking platform to expedite business opportunities and partnerships, both regionally and globally. Sectors such as tourism, information and communication technology (ICT), apparel and most importantly manufacturing will be covered for high potential buyers and sellers at these meetings.

As of the date of this meeting, a total of 100 Sri Lankan companies have registered for the B2B meetings. The number of international buyers registered under the EDB is 62, with a final target of 50, with the ITC also targeting to bring in 50 more international buyers, out of which 32 have already registered.