CCC promotes trade with Chile

The Ceylon Chamber of Commerce (CCC) held a meeting with the Ambassador for Chile, H.E Alfonso Silva recently in keeping with its efforts to promote closer dialogue between the members of Ceylon Chamber of Commerce and overseas trade representatives.

The meeting offered the participants an insight in to the Chilean market while the exporters and importers were given an opportunity to brief the Ambassador about the problems they face in trading with Chile.It also served as a platform for the Ambassador to obtain background information from the importers and exporters which will be useful for his assignment.

According to statistics, Sri Lanka exports tea, rubber products, spices and garments to Chile and the main imports are canned fish, fish meal and fresh fruits.

The Ambassador stated that there is vast potential in the Chilean market for Sri Lankan garments and value added tea and Sri Lanka should concentrate on these sectors to increase exports.

He said that Chile can also be used as a hub to access the nearby markets such as Argentina, Peru and even USA.

Being the country with highest number of Free Trade Agreements, Chile possesses favourable and most attractive economic conditions in the region. The envoy welcomed the Sri Lankan private sector to invest in the Chilean market to gain these benefits.