Business Times

Ceylon Chamber reaches out to emerging markets through BRICS-PED

The Ceylon Chamber of Commerce (CCC) recently signed a co-operation agreement with the Chamber for Promotion and Economic Development of the BRICS Countries (Brazil, Russia, India, China and South Africa) called "BRICS-PED". This special agreement will initially promote an identified range of products/services between Sri Lanka and BRICS countries and facilitate alliances on reciprocal basis.
A CCC media release said Sri Lanka will promote Apparel, Gems & Jewellery, Rubber, Rubber Products, Spices, Tea and Tourism whilst Brazil will focus on promoting Cosmetics, Diamonds, Emeralds, Food & Beverages, Fresh Oranges, Medical Equipment, Pharmaceuticals and Tourism through the project.

Both institutions will call applications using a prescribed format from potential companies, which are interested in entering into partnerships for possible trade tie ups between Sri Lanka and BRICS countries. Products will be identified using HarmonizedSystem Codes (HS Codes) in order to avoid mismatch of business interests of applicants.

"Applications received will be verified for accuracy of details by both institutions prior to forwarding them to counterpart organisation," said a spokesman of the Ceylon Chamber of Commerce. Once counterpart organisations receive applications, they will publicise details of business interests amongst potential parties who are willing to partner and enter into transactions in Sri Lanka or BRICS - PED Countries. After matching applications are received by CCC and BRICS-PED, they will be provided to the company concerned with a view to introduce parties together for business negotiations.

Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
 
Other Business Times Articles
New visa rules attract Rs 550 mln revenue
Nokia vs Samsung: The king is dead, long live the king
Landmark software piracy case in Supreme Court
Sparks fly in EDB meeting, Janaka walks out
Hilton Colombo to undergo US$45 mln facelift
Tourism officials again rejected for key travel fair
US$1.5 bln Chinese loan for Sri L anka projects
Rising from the conflict
Comment - ‘Fit and Proper’ directors
Watawala Plantations not acting in the interests of all shareholders : Vignarajah
ILO: Providing livelihood support to former IDPs and the affected
Treasury restricts supplementary estimates of ministries
Aitken Spence Technologies wins Oracle Regional Award
SL youth unemployment 'much higher' at 19% : EFC
Five finalists for TWiST Colombo 'webisode'
Local universities producing less than 5% of SL's entrepreneurs
French Ambassador visits IDPs, many parts of the island
25% of 4Q stock market earnings from financial sector : Report
CCC ties up with Brazilian chamber
Innovative Google Technologies to boost businesses: an FCCISL and Google Joint Exercise
New MD at AMW,Samantha joins from Softlogic Group
Ceylon Chamber reaches out to emerging markets through BRICS-PED
Inflation eased in April from March COL
Asian Paints launches SL's first interior paint with Teflon
KONE Elevator expands into the Sri Lankan market
Canopy Adventures soon in Sri Lanka
Planning for efficient and affordable commuting
SLPA eyes cargo exports to develop sector
SLAITO assures tourists’ safety in Sri Lanka
Singer Sri Lanka revenue grows in 1stQ
Union Bank group's pre-tax profit up by 28%
Subodh Dakwale, new MD at Lanka IOC
Dealers sue only if negotiations fail : Microsoft attorney
ComBank conducts seminar for SMEs in Thambuththegama
CA Sri Lanka takes IFRS to Kandy, focuses on educating outstation SMEs
Piramal Glass turnover tops Rs 5 bln in 2011/12 fiscal year
Top garment maker’s expansion plans on hold
Sheraton finally confirmed coming to Sri Lanka thro’ new partner
Colombo bourse still in a stupor
First Sri Lankan elected to Exco of Asian Confederation of Institute of Internal Auditors (ACIIA)

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 1996 - 2012 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved | Site best viewed in IE ver 8.0 @ 1024 x 768 resolution