South Asian trade portal seen boosting regional trade

Nov 07, 2009 (LBO) – A trade portal launched for the south Asian region should improve trade within the region and especially help small businesses, the Ceylon Chamber of Commerce said in a statement. The portal www.saarctrade.info – gives importers, exporters and small and medium-sized enterprises (SMEs) of the South Asian region access to important trade-related information.

Access to reliable trade information generates additional business because more and better information facilitates faster, more efficient and more cost-effective ways to trade, it said.

The portal is a single point of access for all current business and trade information related to the South Asian Association for Regional Co-operation trade bloc.

It is backed by a physical network of 26 network partners from all eight SAARC nations Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka to compile, validate and distribute information to businesses from the region.

The Sri Lankan members of the project’s network partner organisations are the Ceylon Chamber of Commerce, Federation of Chambers of Commerce & Industry of Sri Lanka, National Chamber of Commerce of Sri Lanka and the