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Opportunities for Sri Lankan citizens in the Russian Labor market were discussed on April 13 at a meeting of H.E. the Ambassador, Prof. Janitha A. Liyanage and the Head of the Federal Labor and Employment Service of the Russian Federation, Mr. Mikhail Ivankov.

In his welcome speech Mr. Ivankov revealed the main function of the Federal Labor and Employment Service as to protect the rights of workers and ensure employment of both citizens of the Russian Federation and foreigners, which is stipulated for the latter in the Intergovernmental Agreements on Organized Recruitment. In the framework of cooperation supported by the Agreement, the role to determine the needs, search and join the parties in the process of employment is played by the State. The Government guarantees the conscientiousness of the enterprise and observance of the agreed working conditions.

Currently Sri Lanka is facing social, economic, and financial distress creating hardships to its people due to the long lasting impact of the COVID-19 pandemic, global political imbalances and macroeconomic imbalances of the country. Although the authorities are taking measures to address the above situation of the country, including taking steps to actively manage its debt obligations, finding immediate financial assistance from other nations and progressing at the discussions with the International Monetary Fund for a comprehensive programme, the positive impacts of such measures will benefit the people only in the medium to long term. Therefore, urgent measures are needed to enhance the foreign reserve position of the country to meet its day-to-day essential imports including food, fuel and medicine.

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Opportunities to promote the export potential of Sri Lanka to the Russian market and attract Russian investments to the country were discussed on April 12 at a meeting between H.E. the Ambassador, Prof. Janitha A. Liyanage and the President of the Russian Chamber of Commerce and Industry Mr. Sergey Katyrin.

The President of the Chamber of Commerce and Industry of the Russian Federation welcomed the development of ties between the Russian regions and Sri Lanka, especially contacts between small and medium-sized businesses. He also invited businessmen from Sri Lanka to participate in exhibition activities, to actively use the potential of Expocentre, The main Exhibition facilities of Russia and, in particular, the wide opportunities of the Prodexpo exhibition.