Trade and investment mission to Russia/Moscow in Sept

The chamber said it would be led by Prof. G. L. Peiris, Minister of International Trade with the mission’s main objective being to strengthen trade ties, source suitable business partners, promote investments and joint ventures between the two countries.

The Sri Lanka Russia Business Council operating under the aegis of the Ceylon Chamber of Commerce is organizing a trade and investment promotion mission to Russia and Ukraine from September 6 to 12.

The mission coincides with 50 years of bilateral relations between Sri Lanka and the Russian Federation.

The chamber said it would be led by Prof. G. L. Peiris, Minister of International Trade with the mission’s main objective being to strengthen trade ties, source suitable business partners, promote investments and joint ventures between the two countries.

The delegation plans to have one to one business meetings with Russian and Ukrainian companies with matching business interests and visit industrial plants/factories in Russia and Ukraine.

The delegation will also have meetings with the Chambers of Commerce, counterpart Trade Associations and relevant Government Authorities.

The chamber said the following sectors would have high potential for exports from Sri Lanka, imports from Russia and joint venture collaborations:

Exports from Sri Lanka - Spices, Desiccated coconuts, Gems and Jewellery (polished and unpolished), Canned Juices and Fruits, Cut flowers, Garments and accessories, Food items e.g.: High quality rice, Floor tiles, ceramic, granite etc, Rubber and rubber products (mainly with Ukraine), Traditional medicine or herbal based high quality beauty products, Porcelain and large chillies.
Imports - Animal feed and Newsprint.

Joint ventures - Tourism, Spices, Fisheries – processing canning, Rubber and rubber products with Ukraine, and Fruit processing/canning.