Chinese investors eye ‘space’ in Sri Lanka’s seafood-export-basket



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Sujeewa Senasinghe - State Minister of Export Development and International Trade, Indira Malwatte-Chairperson EDB, Anura de Silva- Secretary to the State Ministry of International Trade discuss with the trade delegation from Yunnan province of the People's Republic of China, at the International Trade State Ministry in Colombo on Monday.


by Sanath Nanayakkare


A visiting Chinese trade delegation which comprised several investors from Yunnan province of the People's Republic of China have identified what is still lacking in Sri Lanka's seafood-export-basket and have shown their enthusiasm to top it up.


Certain items of the local fish harvest which are not processed or consumed locally, but nevertheless have a demand in the global market including China itself have come under their focus for product development and export.


In addition to this, the visiting trade delegation that met with Sujeewa Senasinghe, State Minister of Export Development and International Trade in Colombo on Monday, discussed a number of trade and investment opportunities in Sri Lanka.


Those included the potential for processing Sri Lankan fresh vegetables and fresh fruit for export to the Middle East market, in which field also they have a lot of expertise.


Furthermore, the investors examined the current scope for investing in Sri Lanka Tourism.


The Yunnan province investors were accompanied by Xia Jianfeng, Deputy Director General-Yunnan Foreign Office, Gao Shuxun, Senior Consultant - Yunnan Administration, Cui Zhitao, Consultant- Yunnan International Exhibition Bureau, Ms. Wang Yani, Deputy Director- Yunnan International Exhibition Bureau and a number of other Chinese officials.


Anura de Silva, Secretary to the State Ministry of Export Development and International Trade and Indira Malwatte, Chairperson-EDB exchanged their views with the Chinese delegation.


According to Alaska Seafood Bulletin, China imports roughly 150,000 MT of flatfish per year. Nearly half of that tonnage comes from Alaska. Alaska salmon exports to China increased 17 percent in 2009, but Russian salmon exports to China increased 245 percent (from 23,600 MT in 2008 to 81,700 MT to 2009). Meanwhile, China imports a significant volume of herring, on the order of 60,000 MT.


 
 
 
 
 
 
 
 
 
 
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