Sri Lankan importers to get goods at factory prices through Fair Deal
ECONOMYNEXT – The Ceylon Chamber of Commerce said it planned to launch a program with Fair Deal AS, a global import sourcing arm, to help Sri Lankan importers buy goods at ‘factory prices’.
Under this program, Fair Deal will function as the purchasing agent of the Sri Lankan importer, a statement said.
This will help importers source quality goods at a better margin, cutting down intermediaries in the value chain and bringing in clients closer to production chains, it said.
“This gives importers the opportunity to buy goods at factory prices,” said Jan Erik Groos, CEO of Fair Deal AS, a subsidiary of Advance Business Partners of Norway.
The partnership will lead to increased importer competitiveness through reduced costs, more goods for their money, increased quality and possibly increased sales through unbeatable campaigns, said Groos.
Under the agreement, The Ceylon Chamber and Fair Deal will help importers search for new suppliers, ensure quality standards are maintained and remove barriers such as language.
(COLOMBO, May 24 2016)