Sri Lanka – China Trade & Investment Forum to welcome high-level delegation
A high-level Sri Lanka-China Trade and Investment Forum will be held in Colombo on May 30, hosted by The Ceylon Chamber of Commerce and the Department of Commerce of Sri Lanka, together with the Sri Lanka – China Business Council of the Ceylon Chamber, and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products.The forum will be graced by Wang Wentao, Minister of Commerce of the People’s Republic of China, who will be leading a 115-member business delegation representing 77 Chinese companies, to engage with potential Sri Lankan business and investment partners. The forum will offer an exceptional platform to strengthen bilateral commercial ties, facilitate business matchmaking, and identify new trade and investment avenues, in a diverse range of sectors. The visiting delegates will represent four major chambers in China: the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, the China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal By-Products (CFNA), the China International Chamber of Commerce for the Private Sector (CICCPS), and the China Chamber of Commerce for Import and Export of Textiles.The delegation has expressed interest in imports from Sri Lanka including black tea, spices such as nutmeg and cloves, seafood including crab, fruits like papaya, pineapple, guava, and mango, as well as other food and agricultural products. In terms of exports to Sri Lanka, Chinese businesses are looking to introduce garlic, cumin seeds, fennel seeds, various agricultural products, nuts, potatoes, vegetable items, textiles, and home textile products into the Sri Lankan market. The services sector will also be a key focus, with potential collaboration in areas such as water treatment, clean energy, environmental protection technologies, engineering, and construction. In addition, investment discussions are expected to focus on the automotive industry chain and tea plantation, and tea enterprise development.
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