Delegation to explore trade opportunities in Sri Lanka

A 20-member high powered business delegation from China will arrive in Sri Lanka this month to explore trade opportunities in the country, Sri Lanka's leading trade body said on Wednesday.

The Ceylon Chamber of Commerce said that the visit by the Chinese delegation is organized by the Beijing Lansing Century Exhibition Company Limited in association with the Promotion of International Trade Hangzhou Sub-Council, Shenyang Municipal Bureau of Foreign Trade and Economic Cooperation as well as a number of other Chinese trade bodies.

The delegation's visit to the country also coincides with the Construction Expo 2014 to be held in Colombo.

The delegation is hoping to meet partners in Sri Lanka to expand their businesses in the country, the Ceylon Chamber of Commerce said.

The group represents product lines such as agricultural machinery parts, angle valve, aromatherapy equipment and machines, ball mill and other machinery equipment.

"Many items are on offer under the proposed FTA, especially for the benefit of the construction industry. Therefore, this would be an ideal platform to establish new business linkages and also to further expand existing business contacts with leading companies in China," the Ceylon Chamber of Commerce added.

The Ceylon Chamber of Commerce said that with the contacts that could be made during the sessions with the delegation from China, local businesses could reap the full potential of the proposed free trade agreement (FTA) to be signed between Sri Lanka and China at the end of this year.