Sri Lanka trade body signs MoU with KADIN Indonesia to boost bilateral trade
EconomyNext: The Ceylon Chamber of Commerce has signed an agreement with the Indonesian Chamber of Commerce and Industry (KADIN Indonesia) establishing a cooperation framework, which included facilitating business-to-business connections and promoting trade and investment opportunities in both markets.
The agreement was signed on a business promotion mission to Jakarta, Indonesia, to strengthen Sri Lanka-Indonesia business relations and explore opportunities for trade, investment and private sector collaboration.
The team participated in Trade Expo Indonesia (TEI) 2026, engaging with potential business partners and exploring Indonesia’s export capabilities.
The programme also included meetings with the Indonesian Ministry of Trade, the Indonesian Employers’ Association (APINDO) and the Indonesian Food and Beverage Association (GAPMMI) to discuss opportunities for closer business engagement and expanded trade.
Led by Sheamalee Wickramasingha, Chairman and Group Managing Director of CBL Group, the delegation comprised representatives from CBL Global Foods Limited, Silvermill Group, Antler Fabric Printers (Pvt) Ltd, Dinamore (Pvt) Ltd, Macksons Holdings (Pvt) Ltd and The Ceylon Chamber of Commerce.
The delegation also attended Sri Lanka Connect 2026 in Jakarta, where discussions included a meeting with Deputy Minister of Investment Promotion of Indonesia Nurul Ichwan to explore investment opportunities and strengthen economic cooperation.
OSL take:
Sri Lanka’s efforts to expand trade and economic partnerships with foreign countries are creating new business and investment opportunities for international companies/investors seeking to enter the country’s market and establish a regional business presence. The growing engagement between Sri Lankan and foreign business chambers, including the recent cooperation agreement between the CCC and KADIN Indonesia, reflects the increasing focus on strengthening bilateral trade, investment flows and private-sector partnerships. These developments provide business/investment opportunities for foreign businesses/investors to explore joint ventures, establish local operations, develop distribution networks and collaborate with Sri Lankan companies across multiple industries. Sri Lanka’s strategic location in the Indian Ocean, established port infrastructure and access to regional markets provide a foundation for investment in logistics, manufacturing, shipping, warehousing and export-oriented industries. Other promising sectors include food processing, agriculture, apparel, pharmaceuticals, information technology, tourism, renewable energy and construction. Foreign companies could also benefit from partnerships with established local businesses to access domestic supply chains, skilled labour and regional distribution networks. The Sri Lankan Government’s efforts to strengthen international economic relations and attract foreign direct investment, alongside private-sector initiatives to establish business-to-business connections, are creating additional avenues for international commercial cooperation. For foreign investors, these partnerships offer opportunities beyond conventional exports and imports, including technology transfers, capital investment, manufacturing collaborations and access to new markets. As Sri Lanka seeks to diversify its trade relationships and strengthen its position as a regional commercial and logistics hub, expanding international business partnerships could play an important role in attracting foreign investment and developing new export-oriented industries.
| Article Code : | VBS/AT/20261105Z_2 |