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    Chile to explore the investment potential in Sri Lanka

    January 18, 2016

    The visiting New Delhi based Chilean envoy Andres Barbe discussed the possibility of Chile focusing on exporting goods to the Indian and the rest of the Asian markets, using Sri Lanka as a platform.

    The chilean envoy said, "It takes 60-days for us to ship our products to the Indian market from Chile, which is very time consuming and costly,"

     

    Chilean Ambassador Andres Barbe visited the Ceylon Chamber of Commerce last week to explore the investment potential in Sri Lanka.

     

    The Ambassador was welcomed by CEO and Secretary General of the Ceylon Chamber of Commerce, Mangala P.B. Yapa and Senior Assistant Secretary General of the Ceylon Chamber of Commerce, Ms. Lilakshini de Mel.

     

    Amassador Barbe further said that minerals, forestry, agriculture value addition, such as producing wines and also fruits are some of the county's biggest industries. He also said that he will work to bring a high level Chilean delegation soon to Sri Lanka to further discuss available opportunities.

     

    CEO and Secretary General of the Ceylon Chamber of Commerce, Mangala P.B. Yapa said Chile can use the tax-free Hambantota Port as a hub to focus on the South Asian market and the rest of Asia as Sri Lanka is connected to the global maritime route.

     

    According to Andres Barbe said that Chile has signed 24 Free Trade Agreements with different nations and the country strongly believes in free trade. Chile is in the South American region.

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