Spurring Growth

A Sri Lankan contingent flying to China on August 08, will look to obtain technology transfers and investment partnerships for the local rubber and tea industries.
The delegation lead by Primer Ranil Wickramasinghe will sign four key agreements to cover starting with one on closer economic co-operation, an agreement to avoid double taxation, and an agreement to start regular diplomatic consultations will also be signed. rn

rnThe Prime Minister will also meet potential investors in a Sri Lanka endash China investors seminar organized by the Chinese council for the Promotion of International Trade. rn

rnWhile on the tour, officials will also seek opportunities for the local tea and rubber industries to leverage the size of the Chinese market and its production capacity. rn

rnChina is the worlds second largest tea manufacture, and one of the leading innovators of tea manufacturing equipment. rn

rnMeanwhile, China is also among the largest natural rubber producers, while also being a bulk consume