More Chinese co-operation for business in WP

A.G. PIYADASA

MOU: The Sri Lanka-China Business Cooperation Council (SLCBCC) entered into an MoU with Western Province Industrial Development Authority at the National Chambers of Commerce auditorium.

Minister of Sports, Youth Affairs, Women's Affairs, Fisheries, Rural Industries, Rural Development and Rural Institutions, Housing and Construction of the Western Province, Gamini Thilakasiri, Secretaries (Economic and Commercial) of the Embassy of China in Sri Lanka Mi Liqin Chen Feng, and the NCCSL President Nirmali Samaratunge were present.

SLCBCC President Nihal Mallikaarachchi, and Chairman of the IDA (WP) Vasantha Jayasinghe, signed the agreement on behalf of the two institutions, SLCBCC Vice President was also present.

SLCBCC established in 1994, promotes and strengthens the trade and economic ties between Sri Lanka and China.

The Council provides a forum where trade chambers and entrepreneurs of the two countries could discuss and solve problems affecting the bi-lateral trade and promote bi-lateral and multilateral trade and commercial activities.

The Council disseminates information to entrepreneurs and others from both countries and help them source suppliers and markets from and for the counterparts.

The agreement will establish closer cooperation between SLCBCC and IDA (WP), and stimulate business ties with China, especially in finding potential collaborators for small and medium scale industrial projects in the Western Province to induce modern technologies.

They shall jointly organise exhibitions, conferences, delegation and trade missions, and source from China, machinery, material, and technologies, for the benefit of small and medium-scale industrialists in the Western Province for the purpose.