Business

AmCham Sri Lanka hosts US member roundtable with Amb. Julie J. Chung

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AmCham Sri Lanka recently hosted a roundtable discussion for its US member companies and brands to meet with Ambassador of the US in Sri Lanka Ambassador Julie J. Chung and Head of the Economic Section Mr. Phill Loosli.

The purpose of this engagement was to provide member companies of US origin, or those representing US brands in Sri Lanka, an opportunity to present a brief introduction of their organizations and discuss any specific matters that challenge or impact their business continuity, which may benefit from the intervention or support of the US Department of State and its agencies, such as the Foreign Commercial Service or the Development Finance Corporation.

AmCham Sri Lanka President Mr. Lakshan Madurasinghe, delivering the welcome address, spoke about the multiple challenges for businesses over the past months, such as disruptions to supply chain, issues related to royalty and licensing agreements, forex restrictions, etc.

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