China is impressed by Sri Lankan fresh produce and is looking to cooperate with Sri Lanka in the trade and agriculture sector, the Sri Lankan Ministry of Industry and Commerce said on Tuesday.
A delegation representing the China National Agriculture Wholesale Market Association (CAWA) met the Sri Lankan Minister of Industry and Commerce and discussed the possibility of exporting fresh produce from Sri Lanka to China.
“The visit of China National Agriculture Wholesale Market Association delegation to Sri Lanka opens a huge export opportunity for the Sri Lankan agriculture and fresh produce sector,” the Minister of Industry and Commerce of Sri Lanka Rishad Bathiudeen said.
CAWA Chairman Zengjun Ma said that Sri Lankan agriculture and fresh produce supplies can expand in the huge Chinese market due to the competitive pricing of Sri Lankan products and features such as good taste, higher quality, and uniqueness.
He said the Chinese consumer market is expanding in a big way and he proposed that Sri Lanka prepare a good, dynamic pricing strategy for Sri Lankan suppliers to win over the Chinese market.
Minister Bathiudeen thanked Ma’s interest in Sri Lankan supplies and added that Sri Lanka is interested in a buyback system with China.
Sri Lanka’s total trade with China increased by 3% last year to US $ 4.6 Billion from 2016’s $4.47 Billion.