Brazil ā Asia Chamber Eyes Opportunities at Sri Lanka Expo 2026 š
The Brazil ā Asia Chamber of Commerce (CBA) has expressed strong interest in participating in Sri Lanka Expo 2026 this June, aiming to deepen trade and investment ties. ⢠Trade Context: Bilateral trade between Sri Lanka and Brazil currently stands at just US$ 150 Mn, highlighting significant untapped potential in the Latin American region. ⢠Priority Sectors: Initial discussions focused on enhancing business linkages in tea and cinnamon, leveraging Sri Lanka's traditional export strengths. ⢠Investment & Growth: ⢠Focus on Colombo Port City as a key destination for Brazilian investment. ⢠EDB highlighted opportunities in apparel, rubber, ICT/BPM, and advanced technologies. ⢠Planned follow-up meetings with the Sri Lanka Tea Board and Spices and Allied Products Marketing Board. ⢠Strategic Outlook: The CBA aims to facilitate Brazilian companies as exhibitors at the Expo, viewing it as a vital platform for market entry and joint ventures. _Source: Sri Lankan Embassy in Brazil (Provisional)_