Minister of Foreign Affairs of Canada, Stéphane Dion who recently paid an official visit to Sri Lanka has announced that Canada will contribute US$8.8 million over four years for the establishment of an Entrepreneur Financial Centre in Sri Lanka.
This project is to be implemented by Développement International Desjardins, in partnership with SANASA Development Bank PLC.
“The centre will help stimulate private sector development and support job creation by improving livelihoods for entrepreneurs who operate micro, small and medium-sized enterprises,” Dion said.
He added that Canada is presently exploring to strengthen trade relationship with Sri Lanka for the mutual benefit of both countries. Partnership opportunities are on the horizon in sectors such as aviation, infrastructure, power supply, clean technology and agri-foods, he underlined.
The official visit of a Foreign Minister of Canada to Sri Lanka took place after 13 years.
During his two-day visit, Minister Dion called on President Maithripala Sirisena, Prime Minister Ranil Wickremesinghe and Leader of the Opposition R. Sampanthan and met with a group of Parliamentarians of the Steering Committee on Constitutional Reform.