Sri Lanka President Highlights Potential for BIMSTEC Tourism

6 July 2023

The 67th Travel Agents Association of India (TAAI) convention was held in Colombo, Sri Lanka, on 6 July 2023. The event provided a platform for travel and tourism stakeholders from both countries to explore business opportunities and foster bilateral collaboration. It also highlighted the importance of the Indian travel market to Sri Lanka.

In his keynote address, Sri Lanka President Ranil Wickremesinghe highlighted the importance of tourism to Sri Lanka’s economic recovery. The President also noted the potential of making the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) region one borderless tourist area that offers a wide diversity of sites and cuisines.

The event also highlighted the importance of the Indian travel market to Sri Lanka. Beginning 2022, India has emerged as Sri Lanka’s primary source market for tourism, accounting for 24% of the country’s total tourist arrivals.

Mr. Chalaka Gajabahu, Chairman of Sri Lanka Tourism Promotion Bureau, noted that strategic partnerships between India and Sri Lanka are vital to ensure the country's successful tourism recovery.

To further boost tourist arrivals from India, Sri Lanka has also proposed making the Indian rupee a tradable currency in the country.

 

Related links

Highlights from the 67th TAAI Conference in Colombo

Sri Lanka Banks On India To Aid Tourism Recovery, Calls For Borderless BIMSTEC Travel

Sri Lanka pushes for Indian rupee to be tradable in the country to boost tourism

The electric power trade agreement between India and Nepal has been renewed for a three-month period. The agreement...

Read More


The Governments of Bhutan and India exchanged multiple agreements across various sectors during India Prime Minister Narendra Modi's...

Read More


Bhutan Prime Minister Tshering Tobgay, who took office in January 2024, embarked on his first overseas visit to...

Read More


Bhutan is contemplating rejoining the Bangladesh-Bhutan-India-Nepal Motor Vehicles Agreement (BBIN MVA). This development was communicated during a meeting...

Read More


The new Integrated Checkpost (ICP) at Sabroom in Tripura, India, and its counterpart in Ramgarh Upazila, Bandarban, Bangladesh,...

Read More


Mr. Hasan Mahmud, Foreign Minister of the Government of Bangladesh, has emphasized the importance of finalizing a Memorandum...

Read More


PTC India Limited has commenced power supply from Bhutan’s Nikachhu Hydropower Project. The electricity supply will be imported...

Read More