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The “BELT AND ROAD” Movement Stretches To Sri Lanka Via LongBit

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The “BELT AND ROAD” Movement Stretches To Sri Lanka Via LongBit

  • The Chinese organisation initiated the “Belt and Road” strategy in 2013 to strengthen the infrastructure and investments across 153 countries.
  • The trade delegation comprised of more than 30 well -known entrepreneurs from China.
  • In conference, both the parties the Lankan Govt. and LongBit, both shared their views on the digital assets and the blockchain technology.

The Chinese organisation initiated the “Belt and Road” strategy in 2013 to strengthen the infrastructure and investments across 153 countries and international organisations in Asia, Europe, Middle East, Africa and America.

The delegates to deepen the friendship with Sri Lanka invited to visit the Lankan Govt. LongBit, in particular, was invited as a representative of the Blockchain technology.

The delegation headed by heads of government and officials of the President of Sri Lanka, the Minister of Foreign Affairs, the Deputy Minister of Commerce, the Administrator of the General Administration of Customs, the Minister of Defense, and other essential members of importance.

Also later on as the program headed in the banquet, the Deputy Minister of Commerce of Sri Lanka welcomed their guests. The Deputy Minister also learned of the new customs of China and greeted LongBit for the New Year. The trade delegation comprised of more than 30 well -known entrepreneurs from China.

The people had a varied field from all over finance, real estate, education, energy and other areas. It said that the Lankan Govt. mentioned about benefits and consequences of the Digital currencies and is also looking forward or its adoption.

In conference, both the parties the Lankan Govt. and LongBit, both shared their views on the digital assets and the blockchain technology.

As LongBit and BOI Investment Bureau Director and the Chief Economic Officer talk about the benefits the technology has, Sri Lanka praises their idea of their “strategy”. The Lankan govt.

Has paid extensive attention towards the firm, LongBit, which probably gives the hint of their interest in the asset.

Moreover, as the conference ends, the Chief Representative of LongBit, mentions that the visit has some gains as the new labs of the firm which have deployed, allows the users to experience the new digital platform.

He also mentions that the new service platform which is being provided by the firm would help industrial parks, universities, and other ecosystems and would help in the further growth of Sri Lanka as a whole.

Lastly, the govt of Sri Lanka that it would see an evolving phase after this bold move. So let us know how this progresses the Lanka and what it has to offer.

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