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El Salvador envoy visits CCC to discuss ways to enhance trade

elGuillermo Rubio Funes, the El Salvadorian envoy to both Sri Lanka and India, who is based in Delhi, visited the Ceylon Chamber of Commerce accompanied by Nilrusha Pieris, Consul of El Salvador in Sri Lanka.

Guillermo was met by Alikie Perera, Deputy Secretary General of the Ceylon Chamber of Commerce, Chandula Abeywickrema, CEO of the CCC Solutions, Lilakshi De Mel, Senior Assistant Secretary General of the Chamber, and Gaythri Gunaruwan, Chief Economist of the Ceylon Chamber of Commerce. During the discussions, the envoy explained the need to increase trade between Sri Lanka and El Salvadore, as statistics shows that trade between the two countries are at a very minimal level. Sri Lanka’s total trade with El Salvador just stood around US$ 1 million in 2013 with the trade balance favouring Sri Lanka. El Salvador has not imported any items to the island nation during the said year.

El Salvador mostly buys tea, spices, animal or vegetable fats and oil, edible fruit and nuts from Sri Lanka. Alikie Perera stressed the importance of building links between the business bodies of the two countries to help explore two-way trade and investment opportunities. She said the Chamber can organise a business delegation to visit El Salvador, if there is a party ready to facilitate “Match making”.

“We generally send 6 to 7 delegations to overseas destinations every year and stay there for three to four days to build up business links. What we need is a counterpart from the other side to make the match,” she said.

She also said that, El Salvadorian investors can use Sri Lanka as a platform to target the Indian market by using the Sri Lanka – India Free Trade Agreement.

(DN)

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