National Chamber to host Canadian High Commissioner for trade talks
20 April 2015 08:11 am
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The National Chamber of Commerce is holding a bilateral trade session with the High Commissioner of Canada, Madam Shelley Whiting on Tuesday, April 28, 2015, from 3:00 to 4:30 p.m., at the National Chamber Auditorium, No 450 D.R. Wijewardena Mawatha, Colombo 10.
At this session, the participants will get an opportunity to interact with the High Commissioner of Canada and officials of the High Commission to discuss any issues with regard to trade with Canada.
Trade and economic relations between Sri Lanka and Canada have increased over the years. Apparel has been the main item of export from Sri Lanka to Canada, which accounted to 54 percent of the total value of Sri Lanka`s exports to Canada in the past years.
Other main items of exports to Canada are retreated or used pneumatic tyres of rubber, compounded rubber, raw bristle fibre of coconut (coir), tea, gloves, mittens and mitts, new pneumatic rubber tyres, other articles of vulcanised rubber other than hard rubber and preparations of cereals, etc.
Imports of wheat and muslin accounted for 83 percent of the value of total imports from Canada during the past years. Other main imports from Canada are iron or steel and its articles, dried leguminous vegetables, shelled, whether or not skinned or split, newsprint, in roll or sheets, plastics and articles thereof, uncoated craft paper and paperboard and optical photographic, cinematographic, etc.
Products and services which have potentials from Sri Lanka to Canada are textile and apparel, gem and jewellery, rubber based products, ceramics, confectionary items, leather products, fresh and processed food.