• Wed. Jul 10th, 2024

US Ambassador Hails Ceylon Chamber’s SLUSABC as Primary Trade and Investment Engine

Emphasizing the need to create a more business-friendly environment for foreign investors
seeking investment opportunities in Sri Lanka, Ambassador of the United States to Sri Lanka
Her Excellency Julie Chung hailed the Sri Lanka USA Business Council (SLUSABC) of the
Ceylon Chamber of Commerce as a critical voice in advising the Government on how to reform
the business environment.

Speaking at the 06 th Annual General Meeting of the SLUSABC, Ambassador Chung said that
with US foreign direct investment in Sri Lanka ‘stagnant at about $ 13-17 million per year since
2015’, the SLUSABC is a primary engine for growing trade and investment in terms of
expanding the economic partnership between the two countries.

President of the SLUSABC, Sanji De Silva, CEO – Bileeta (Pvt) Ltd. who was re-elected for the
year 2022/23 said the Council will continue to focus on facilitating trade between Sri Lanka and
the USA, with a focus on ICT and agri-exports, as well as engaging with USAID-initiated
projects to assist the Small and Medium Enterprise sectors in Sri Lanka.

The Council’s Executive Committee for 2022/23 comprises Vice Presidents – Charithra
Hettiarachchi, CEO, HVA Foods PLC and Randeewa Malalasooriya, CEO, CBL Natural Foods
(Pvt) Ltd., Treasurer – Tilak Gunawardana, CFO, MAC Holdings (Pvt) Ltd. and Immediate Past

President Asanka Ratnayake, Group Director, Hayleys Advantis Ltd. Newly appointed
committee members include Sashan Wirasinghe, Aitken Spence Travels (Pvt) Limited; Channa
Gunawardena, Expelogix (Pvt) Ltd; Farhath Amith, Fanam International (Pvt) Ltd; Asitha
Karunaratne, Haycarb PLC and Revanke de Silva, Heritage Teas (Pvt) Ltd.

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