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FCCISL signs MOU to promote bilateral trade between Sri Lanka and Yunnan Province



AGREEMENT: Deputy Director General, Department of Commerce of Yunnan Province, China, Li Jimimg and President, Federation of Commerce and Industry of Sri Lanka, Nawaz Rajabdeen exchange agreements.
Picture by Shirajiv Sirimane

TRADE: A Memorandum of Understanding (MoU) was signed between the Department of Commerce, Yunnan Province, China and the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) to promote bilateral trade between Sri Lanka and Yunnan Province.

In addition it would also facilitate Sri Lankan business people to participate at the Chinese Export and Import Trade Fair, Kunming.

Deputy Director General of Commerce, Yunnan Province Li Jiming who heads the five member delegation said this year over 40 foreign countries would be participating for this event.

“The Chinese are very keen to do business with Sri Lanka as it the gateway to enter the Indian market,” he said. This would give the opportunity for Lankan companies to come to joint ventures with Chinese companies.

The visit of the five member Chinese trade delegation is a direct result of the promotional activities carried out by the Sri Lankan Trade Delegation led by FCCISL that accompanied the Presidential entourage to China recently.

This MoU appoints FCCISL for next six years as the Sri Lankan Authority who will act as the co-organiser and collaborator in Sri Lanka to coordinate all matters pertaining to Sri Lankan business people participating in the Kunming Fair.

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