Move to tighten Sino-Lanka trade ties
Ceylon Chamber of Commerce and the Chinese Embassy in Colombo
organised an event to promote trade between Sri Lanka and China at Hotel
Galadari recently. The programme included a catalogue exhibition and a
seminar under the title 'Doing Business with China'.
The main presentations at the seminar was delivered by Zhang Yun from
the Chinese Embassy. Zhang Yun from the Chinese Embassy reminded the old
ties the Sri Lanka government had with China starting from 1952 Rubber -
In 1957 diplomatic relations started and much progress has been made
in bilateral relations between the two countries.
She appreciated the Sri Lankan government's commitment to the One
China policy. Today China remains the fourth largest trading partner
with Sri Lanka. China exports boilers, cotton, textile fibres, fabrics
Sri Lanka exports coconut products, tea, rubber and apparel. Hence
there exist a reasonable trade balance between the two trading partners.
China's investment in terms of BOI statistics by 2005 was around 11.66
million she declared. She is closely monitoring the working of trade
agreements Sri Lanka government has signed with the neighbours.