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PRESIDENT TO INCREASE COOPERATION IN TRADE AND INVESTMENT WITH CHINA

Aug 10, 2011 12:31:06 PM - itnnews.lk

President Rajapaksa has said that Sri Lanka is looking forward to increasing cooperation in trade and investment with China.

The President made this reference in an interview with the Chinese Official News Agency Xinhua. The President Rajapaksa said China and Sri Lanka have seen the cooperation in many spheres, which has contributed to the regional stability and development. Referring to relations between China and Sri Lanka, he said they are at the highest levels.
In the meantime, the President inspected a leading tea marketer in Beijing ‘Infiniti’ running under the company ‘Huichen’. Currently, there are 22 outlets running under the Company which only sells imported Tea from Sri Lanka.
The company imports 50 tonnes of tea from Sri Lanka annually since 2008 and the Company expects to further increase its demand for Sri Lankan tea up to 100 tonnes. The President also had a cordial discussion with the Chairman of the Infiniti Tea Centre, Huang Young Jiang. Among those present was Minister Prof. G.L. Peiris.