NCEL & COOPFED Partner to Secure Essential Food Supplies 📈
India’s National Co-operative Exports Limited (NCEL) and Sri Lanka’s COOPFED signed an MoU in Colombo to enhance food security and strengthen cooperative networks. • Key Objectives: - Facilitate direct supply of essential food commodities from India to Sri Lanka to minimize market shortages. - Improve consumer access to food at affordable prices via national cooperative channels. • Scope🤝 India and Sri Lanka Cooperatives Sign MoU to Boost Food Security • Overview: India's National Co-operative Exports Limited (NCEL) and Sri Lanka's Consumer Co-operative Societies Federation Limited (COOPFED) signed a Memorandum of Understanding in Colombo to secure the supply of essential food commodities. • Key Objectives: • Improve availability and reduce shortages of essential food items across Sri Lanka at affordable prices. • Strengthen supply-chain resilience and institutional linkages between both nations' cooperative sectors. • Scope of Partnership: • Direct trade of agricultural and food commodities via established cooperative networks. • Joint efforts in warehousing, logistics, digital platforms, supply-chain management, market information exchange, and capacity building. • National Context: The partnership strengthens food security and trade cooperation by connecting Indian cooperative suppliers directly with Sri Lankan consumer networks.