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Big boost for Lanka, Egypt trade ties

Trade ties between Sri Lanka and Egypt have received a tremendous boost with the recent mission to Egypt organised by the Ceylon Chamber of Commerce (CCC). The Sri Lankan delegation comprised twelve members. The program was co-ordinated by Sidath Kumar, Counsellor (Commercial) of the Sri Lankan Embassy in Cairo.

The mission was organised at the invitation of the Alexandria Chamber Of Commerce and the Egyptian Businessmen's Association, with whom The Ceylon Chamber of Commerce had been corresponding for over a year. These two organisations were very keen on signing an MoU with the CCC.

To make this mission more focused, an extensive study was undertaken by the Sri Lankan Embassy on the potential for Sri Lankan products in Egypt.

The CCC targeted only at organisations handling the following products, which had potential in Egypt. The products identified by the Embassy were Coconut, Products/Desiccated Coconut, Coco Peat, Coir doormats and coir fibre, Spices/Black Pepper, Nutmeg, Cloves, Cardamom, Cinnamon, Cashew nuts, Pineapple, Fruit Juices, Cocoa Powder, Confectionery, Chocolates, Biscuits, Extracts of Essence, Activated Carbon, Mattress Supports, Stuffed Toys, Gems and Jewellery, Artificial Flowers, Apparel and Clothing, accessories, Handicrafts of wood and Rutile.

The 12-member delegation which was headed by Mission Leader K. Dayaparan Per Pro Stassen Exports Ltd, comprised P. B. Yatawara, Business Development Manager and R. Welikala, General Affairs Manager, Ceylon Grain Elevators, R. P. Senanayake, Business Development Manager, Freight Links International (Pte) Ltd., R Wakwella, Managing Partner and Ms. A. L. Gajasinghe, Partner, Ijna Gem and Jewellers, J Karunaratne, Director, Imperial Tea Exports (Pvt) Ltd., K Ramachandran, Commercial Executive, Jayes Trading Company, A S Munasinghe.

Commercial Manager, Samson (Exports) Ltd. M. H. Saifudeen, Managing Director, Zafar Exports (Pvt) Ltd. Senior Assistant Secretary General, Mrs. Puvi Domingopillai, represented the Ceylon Chamber of Commerce.

The delegation met the Federation of Chambers of Commerce, Cairo Chamber of Commerce, Alexandria Chamber of Commerce, Egyptian Businessmen's Association and the G 15 Federation of Chambers of Commerce and Industry.

One-to-one business meetings at all the Chambers followed the General Meetings. Apart from the business meetings, the delegation met key Government officials responsible for trade related matters in Egypt.

The delegation also had the opportunity of visiting factories producing Ceramic tiles, Household appliances, Chemicals and Garments in these zones.

The highlight of this mission was the signing of the MoU between the CCC and the Egyptian Businessmen's Association and the Alexandria Chamber of Commerce. The MoU between the CCC and the Federation of Egyptian Chambers of Commerce, which was signed in 1996, was revalidated on June 29.

Speaking on behalf of The Ceylon Chamber of Commerce, Mrs. Domingopillai who co-ordinated the mission said that she was pleased to report that the entire mission was successful in obtaining suitable contacts.

"The mission concluded with the success story of positive responses, confirmed orders and constructive business contacts.

In addition to this it has also generated employment opportunities to our craftsman", she said.

The CCC looks forward to organising similar trade promotional missions in the near future and facilitating Sri Lankan business representatives to penetrate more effectively into international markets.

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