Sri Lanka investment forum in China to coincide with President’s visit

A. G. Piyadasa

FORUM: The Sri Lanka Export Development Board in collaboration with the Sri Lanka embassy in Beijing, China will organise participation of local companies in a Sri Lanka investment, trade and tourism promotion event to be held in Beijing, China on March 1.

The exhibition is organised to coincide with the visit of President Mahinda Rajapaksa to the People’s Republic of China and proposed celebrations to mark the 50th anniversary of diplomatic relations of Sri Lanka with China. A trade display will be part of the promotion.

An official of the Sri Lanka Export Development Board said China is one of the fastest growing economies in the world and because of its high dependence on foreign trade it is opening up faster than most other countries.

He also mentioned the actual tariff protection level of China is far lower than most developing countries and even lower than some major developed countries.