Chinese chamber delegation visits Welvaart Solutions office in Sri Lanka
A group of representatives from a leading Chinese chamber with a predominant presence in the Middle East had recently visited the office of Welvaart Solutions in Sri Lanka following an invitation extended by the latter. The two sides had held a very fruitful interaction.
Following the discussion, Welvaart is to have access to over 12,000 Chinese manufacturers to source products.
The province that is represented by the Chinese chamber is located close to North Korea and is technically advanced due to the many collaborations between Korean experts and the Chinese.
This latest relationship will be a valuable addition to Welvaart in relation to deliverables as well as attracting more customers to the company.
OSL take:
Sri Lanka and China enjoy strong bilateral and trade ties that would be further strengthened through thr free trade agreement (FTA) being negotiated between the two countries. While China is a key development partner of Sri Lanka, the island also figures prominently in China’s Belt and Road Initiative (BRI). With Sri Lanka on the path to becoming a regional hub supported by the country’s geographical positioning in the Indian Ocean and the many trade agreements as well as trade concessions enjoyed with other countries, Chinese businesses/investors are keen on exploring business/investment opportunities in Sri Lanka and vice versa. There are many Chinese businesses currently operating in Sri Lanka and the growth and profits recorded by them have attracted more Chinese businesses to explore opportunities in Sri Lanka. It is in such a backdrop that a Chinese business chamber delegation has visited Sri Lanka’s Welvaart in a bid to further explore business/investment opportunities in Sri Lanka while forming a strong collaboration to expand businesses between two countries while exploring new opportunities as well. Given the growth and business potential in Sri Lanka, Chinese businesses/investors interested in doing business in Sri Lanka could reach out to Welvaart Solutions to explore and expand opportunities.