Sri Lanka’s merchandise exports increased by 13% to US$ 1,062.63 Million in January 2022 compared to January 2021 as per the data released by the Sri Lanka Customs. Further, it is a 5.7% increase when compared to January 2020.
As the final of the series of Agri Webinars organized by the Embassy of Sri Lanka in Germany together with the Export Development Board of Sri Lanka (EDB) and Import Promotion Desk of Germany (IPD), webinar on “Sustainable Supply Chains and Due Diligence Laws in the Organic Agriculture Sector” was held on 24 January 2022 with the participation of a large number of Sri Lankan Agri Exporters.
The Gulf region has built a strong brand identity in the Food and Beverage space. UAE is blessed with a strategic location between East and West which makes its accessible to major emerging economies, linking shipping routes in Middle East, Asia, Europe and Africa. Gulfood Exhibition launched in 1987 and has currently become the World’s largest annual food and beverage trade show. The 2020 edition of the show has attracted more than 60,000 visitors & 2,500 exhibitors from 162 countries seeking business opportunities and exploring the latest F&B products and innovation. The 2021 event was held following social distancing & hygiene protocols as per the new normal conditions of the world due to COVID – 19 pandemic.
The Sri Lanka Embassy in Nepal and the Export Development Board of Sri Lanka (EDB) jointly organized a virtual meeting for Sri Lankan Construction Companies to interact with the Nepal Ministry of Physical Infrastructure & Transport (MPIT) and learn about procedures and regulations applicable to foreign investors, including for joint ventures.
Marking a moment of historical significance, Sri Lanka received its first ever Geographical Indication (GI) certification when the European Union (EU) Commission on 02nd February, 2022 granted GI status to Ceylon Cinnamon. The outcome was a result of a painstaking, decade-long, arduous endeavour led by the Sri Lanka Export Development (EDB) under the Ministry of Trade with the support of numerous public and private stakeholders.
Trade Minister Hon Bandula Gunawardhana presented cheques and certificates to potential and existing exporters who were selected as beneficiaries under several EDB-led assistance schemes on 28th January, 2022, during a function held at JAIC Hilton hotel. The beneficiaries were chosen under the EDB assistance programmes on National Export Brand Development, New Exporter Development, and Market Access Support.