Wednesday, April 2, 2008

Sri Lanka waiting for trade deal with China

Sri Lanka is looking to increase trade with China through a regional trade deal. The Commerce Department says the Asia Pacific Trade Agreement, or the APTA, is a window into the massive Chinese market.

The department is now getting ready to hold talk with local businesses, to improve on existing concessions from China, according to Internet. China has already expressed interest in expanding trade with Sri Lanka.

“China is a huge market. This year, we will import nearly one trillion dollars worth from the rest of the world. So there are many, many opportunities for Sri Lanka to trade with China,” Zhu Hong, from the Department of International Trade, China, speaking at a seminar on the APTA organised by the Ceylon Chamber of Commerce earlier this month.

Read more,
http://www.independent-bangladesh.com/200803313827/

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