Australian HC to talk at NCC trade session

High Commissioner of Australia Bryce Hutchesson will be the special guest speaker at a session on ‘Bilateral trade between Sri Lanka and Australia’ organised by the National Chamber of Commerce of Sri Lanka (NCC), on Tuesday, October 25, 2016, from 3:00 p.m. to 4:30 p.m., at the chamber auditorium, No: 450, D.R. Wijewardena Mawatha, Colombo 10.

The participants will get an opportunity to interact with the high commissioner and officials of the Australian High Commission.

The Australian economy has experienced continuous growth and features low unemployment, contained inflation, very low public debt and a strong and stable financial system. Australia is an open market with minimal restrictions on imports of goods and services, which has increased productivity and made the economy more flexible and dynamic.

Australia is a significant exporter of natural resources, energy, food and attracts high levels of foreign investment; it has extensive reserves of coal, iron, copper, gold, natural gas, uranium and renewable energy sources.

To Australia, Sri Lanka exports apparel, tea, footwear, virgin coconut oil, solid tyres and retreaded pneumatic tyres of rubber.

Sri Lanka imports mansoor dhall, milk and cream, wheat grain, paper and paper board and live animals from Australia.

Potential export products to Australia are all products, men/boys trousers and shorts of cotton, other petroleum oils and preparations T-shirts and textile materials.

For reservation for the session, kindly contact the chamber: TP 4741788 (Fouad) or email pa@ nationalchamber.lk; nirmani@nationalchamber.lk.