FCCISL/CCPIT to promote trade

A delegation from the China Council for the Promotion of International Trade, and Sub-Council of Shanghai Pudong Chamber of International Commerce visited the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) recently.

Established in September 1993, Shanghai Pudong Sub-Council is a China Council for the Promotion of International Trade (CCPIT). The CCPIT aims at promoting activities of trade, investment and cooperation in economy and technology between China and other countries and regions all over the world, so as to enhance the mutual understanding and friendship between Chinese and people from other countries and regions as well as economic and trade circles.

The delegation, which comprised 10 members, represented manufacturing and marketing of furniture, glassware, LAD chips, wedding dresses and automobile industries and was headed by Chairman CCPIT Chen Bing Hui.

The delegation had fruitful discussions with the FCCISL President, Board members and senior officials.

Interest was shown in investing in Sri Lanka, and Jayaweera identified current opportunities with special emphasis on booming industries, market forces and labour market standards. A Cooperation Agreement was signed by the President of FCCISL and the Chairman of CCPIT in order to facilitate trade promotion between the two countries.