Sri Lanka's Apex Organisation for Export Promotion
The Sri Lanka Export Development Board (EDB), together with SLASSCOM, proudly launched the "SheExports" Capacity Building Programme for Women Tech Entrepreneurs on August 9th 2024. This initiative, designed as a long-term capacity-building and mentoring programme, marks a significant milestone in empowering women entrepreneurs in the ICT/BPO sector to take their ventures to the international stage.
The 1st of August, 2024, marks the 45th anniversary of the Sri Lanka Export Development Board (EDB). The EDB was established in 1979 with the objective of establishing a strong government-level institutional framework to develop and promote Sri Lanka’s exports in order to integrate with the global economy consequent to the adoption of liberal economic policies in 1977, and it has been at the vanguard in terms of promoting and developing exports in Sri Lanka for over four decades.
Sri Lanka Export Development Board has initiated a series of awareness programmes with the objective of improving the digital presence of export potential SMEs at the regional level in collaboration with Sampath Bank PLC.
Sri Lanka Export Development Board (EDB) has initiated the process of revitalizing its existing National Export Strategy (NES). The NES was a five-year plan from 2018 to 2022 aimed at boosting Sri Lanka's export sector, improving the business environment, and increasing exports. The EDB is now focusing on updating the NES to address current market challenges and take advantage of emerging opportunities.
The latest edition provides statistical information related to Sri Lanka’s external trade and its contribution to major economic indicators such as trade balance. GDP and individual sectoral involvement for the year 2023 and five preceding years.
The EDB in collaboration with the Sri Lanka Embassy in Vietnam made arrangements to organize participation of Sri Lankan Pharmaceutical product manufacturers at the 22nd Medi- Pharm Expo, Vietnam Exhibition 2024 held from 01st to 03rd August 2024 at DIECC (KohPich) in Hochi Minh City, Vietnam.
The Sri Lanka Export Development Board (EDB) marked its 45th anniversary on the 01st of August. In conjunction with this milestone, an all-night Pirith chanting ceremony and a Dana (almsgiving) ceremony were held on August 02nd and 03rd at the EDB headquarters.
National Organic Control Unit (NOCU) - the competent authority for Organic Agriculture in Sri Lanka, established under the Sri Lanka Export Development Board (EDB) - launched its initiative to promote Organic Agriculture islandwide recently. As part of this effort, the first awareness program- was successfully conducted in Kegalle District on the 25th of July at Sleek Hotel and demonstrating an encouraging turnout about 80 attendees actively took part at the event. The programme also highlighted the contribution of NOCU to organic farming in terms of its role to promote a credible organic agriculture value chain. The participants, representing various sectors of the agriculture industry, gained valuable insights into organic farming techniques, certification processes, organic standards, and market opportunities.
The Sri Lanka Export Development Board (EDB) is pleased to announce that applications are now open for the Presidential Export Awards (PEA) 2023/24. The PEA ceremony is scheduled to be held in November 2024 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of the President of the Democratic Socialist Republic of Sri Lanka.
The 1st of August, 2024, marks the 45th anniversary of the Sri Lanka Export Development Board (EDB). The EDB was established in 1979 with the objective of establishing a strong government-level institutional framework to develop and promote Sri Lanka’s exports in order to integrate with the global economy consequent to the adoption of liberal economic policies in 1977, and it has been at the vanguard in terms of promoting and developing exports in Sri Lanka for over four decades.
The Sri Lanka Export Development Board (EDB) successfully held its 24th Exporters’ Forum on the 25th of this month. The forum, a platform for discussing and resolving issues faced by exporters, was presided over by State Minister of Investment Promotion, Hon. Dilum Amunugama.
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in June 2024 amounted to US$ 1,031.2 million, recorded an increase of 2.58 % compared to the month of June 2023. This was mainly due to the increase in earnings from export of Apparel & Textiles, Tea, Rubber based products, Coconut based products, Food & Beverages and Spices & Concentrates.
EDB in collaboration with Sri Lanka Embassy in Jakarta organized a briefing session to discuss on “Indonesian Investment opportunities for Foreign Investors” with Directorate of Investment Promotion of Indonesia and the Ministry of Investments of Indonesia on 12thJuly 2024.
Cabinet approval has been granted for the proposal on the criteria for minimum qualification for enrolment of foreign students in degree-awarding institutions in Sri Lanka.
The Sri Lanka Export Development Board (EDB) recently hosted a workshop on the Fair Trade Certification Process in Sri Lanka bringing 02 prominent certification entities to a one platform. The workshop aimed to educate Sri Lankan producers and exporters about Fair Trade certification processes and the importance of acquiring such certification.
Switzerland’s State Secretariat for Economic Affairs (SECO) and the Swedish International Development Cooperation Agency (SIDCA) together with the International Trade Center (ITC) made arrangements to launch the “Second phase of the Global program on Textile and Clothing (GTEX2)” in Sri Lanka to ehnace the capabilities of the Sri Lanka apparel sector to increase its presence in global market.
The Sri Lanka Export Development Board (EDB) recently hosted an insightful seminar titled "Smart Solutions for Agricultural & Aquaculture Exporters", together with a smart solutions providing company, E Gravity Solutions Pvt Ltd. More than 45 participants from Agriculture & Aquaculture industry attended this interactive seminar.
The Sri Lanka Export Development Board in collaboration with the Royal Thai Embassy in Sri Lanka organized a Technical Exposure and Capacity Building Programme for 11 export oriented food & Beverage entrepreneurs coinciding “THAIFEX – Anuga Asia -2024”, Bangkok, Thailand.
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in May 2024 amounted to US$ 960.2 million, recorded an increase of 9.4 % compared to the preceding month, April 2024. Furthermore, export performance in May 2024 decreased by 5.81 % compared to May 2023. Figure 1 shows Monthly Merchandise export performance from the year 2021 to May 2024.
Sri Lanka Export Development Board (EDB) in collaboration with the Engineering Faculty of the University of Moratuwa (UoM), launched a new programme to integrate the construction related and power & Energy industry with the University Research Projects to address challenging research questions with real-world applications.
