Trade delegation bears fruit

President FCCISL, Nawaz Rajabdeen, led a 30-member trade delegation with the President to Iran recently and around 200 businessmen participated in the meeting.

Wide interest shown in joint venture investment. In infrastructure development, apparel, rubber components for the motor industry, value added tea and various other commodities.

“Three large buying houses were interested in placing large orders for apparel from Sri Lanka to be manufactured under their own brands. For the Iranian market. Interest was also shown to set up a tea packaging in the free trade zone in Iran,” Rajabdeen said.

Sri Lanka is to import tea in bulk and do the packaging under their brands for re-export to the Middle East market, under this scheme.

Iranian Chamber President also show interest in to bring high powered delegation to Sri Lanka early next year as follow up meeting.

Interest also shown in visit by the Iranian for historical tourism and to see tea plantation and other places of interest,” he said.