National Chamber signs MoU with Lanka Business Ring Kandy

From Left: Thusith Samarakoon–Treasurer-LBR, Mohamed Najeeb–Secretary-LBR, Kithsiri Karunadasa–Vice President-LBR, Nandika Buddhipala –president National Chamber, Pasan Chandrasekara president-LBR, Bandula Dissanayake Secretary General/CEO-National Chamber and Nishanthi Dilrukshi-Project Executive-SME Development.

The National Chamber of Commerce of Sri Lanka and the Lanka Business Ring (LBR) of Kandy, Central Province entered into a Memorandum of Understanding on February 25.

The Purpose of this MOU is to promote economic co-operation through trade and investment between their respective business communities and to create a stable platform for continuous exchange of business related information.

The National Chamber had been in the forefront of business development in Sri Lanka since its inception in 1948 and presently serving more than 720 corporate members, over 1500 SMEs and over 24 connected District Chambers island wide.

Lanka Business Ring, is a premier business association based in the city of Kandy with a member base all over the Sri Lanka exceeding 11,000. LBR also has partnerships with trade associations, Chambers, business councils, importers, exporters etc. throughout the island.

LBR is a business association with the objective of enhancing and improving the business environment, and being the advocacy for their affiliated trade associations and members. Further, LBR is focused in addressing business related issues with legislators and policy makers of government of Sri Lanka whilst maintaining an effective relationship with diplomatic community of other countries. Protecting the rights of the entrepreneurs , improving their profitability, ensuring the welfare of the members are considered to be key objectives of LBR.

This MoU contains a detailed framework for mutual cooperation with a view of supporting Sri Lankan companies in their efforts towards accelerating sustainable economic growth.

National Chamber warmly welcomes their close collaboration with LBR as yet another milestone towards achieving their vision of inclusive economic growth with special emphasis on the development of micro, small and medium enterprises.