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CHOGM: High Powered Sri Lanka-China Biz Meet

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A high powered Chinese business delegation met with their Sri Lankan counterparts on Tuesday on the sidelines of a top Commonwealth business summit.

A high powered 21 member trade delegation from China met business conglomerates at the Ceylon Chamber of Commerce (CCC), which is Sri Lanka's premier private sector umbrella organization.

The CCC in association with the Embassy of Sri Lanka in Beijing and the Sri Lanka China Business Council facilitated business interaction for the delegation in conjunction with the Commonwealth Business Forum. "We are quite positive of the outcome of the discussions we had with the Chinese delegates since our focus was to promote more business alliances in construction and real estate sectors", a leading Sri Lankan construction company was quoted as saying in a statement released by the CCC.

The delegates were interested in promoting businesses with local companies dealing with real estate, construction, energy and power, import and export, Jewelry and Auto.

The officials attached to the China Council for the Promotion of International Trade (CCPIT) in Beijing assured follow up action in order to ensure conclusion of successful business discussions between Chinese and Sri Lankan business partners.

A 100-member strong business delegation has arrived from China to attend the Commonwealth Business Forum (CBF).

Representatives from 42 Chinese companies will also take part in a special trade and investment exhibition on the sidelines of the Commonwealth Heads of Government Meeting (CHOGM).

CBF is the main event preceding CHOGM and hopes to attract 2 billion U.S. dollars in investment for Sri Lanka. It has also seen the highest number of participants from 95 countries.

There are 30 non-Commonwealth countries attending the CBF in Colombo making it the most widely attended forum in CHOGM's history.

From the Commonwealth, UK leads the list of highest participants with a 150 strong delegation while 250 business representatives have arrived from Africa. Over 800 local delegates and 25 others from Australia make for the number of participants topping 1,500.

High Powered Sri Lanka-China Biz Meet on Sidelines of Top Commonwealth Summit

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China is not a member state of CHOGM but see how they're taking advantage from it. :)
 
Sri Lanka should work closely with China and Pakistan, who are trusted allies and never back stab unlike some neighboring country across the Palk
 
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