Sri Lanka signs MoU with Chinese e-commerce platform Womai

2020-11-07 09:06:02 GMT2020-11-07 17:06:02(Beijing Time) Xinhua English

COLOMBO, Nov. 7 (Xinhua) -- Sri Lanka's Export Development Board (EDB) has signed a Memorandum of Understanding (MoU) with Chinese e-commerce platform Womai, local media citing an official statement reported here Saturday.

The EDB and COFCO Womai Investment Co. signed an agreement to exhibit Sri Lankan exports on Womai's website during Sri Lanka's participation at the third China International Import Exhibition (CIIE) in Shanghai on Friday, a statement by the EDB said.

"The signed MoU subsequently opens the market for exporters for online trading and promotion in the national promotional section," the statement said.

The agreement was signed by representatives from Sri Lanka's Embassy in China and is the country's first agreement for online promotion of exports in China. Enditem