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Exports grow 11.4% in first half of 2019

2019-07-24/ Source at: Daily FT

Exports grow 11.4% in first half of 2019

Despite global and local challenges, Sri Lanka’s merchandised and service exports have risen by 11.4% to $ 8.5 billion in the first half of this year, prompting the Government to attribute it to a series of development efforts and assure further support. Releasing the latest yet provisional data, Development Strategies and International Trade Minister Malik Samarawickrama said yesterday that export sector performance was commendable, though he admitted there is significant scope for higher value. “The 11.4% growth, despite the impact of the October 2018 undemocratic constitutional coup, and the Easter Sunday tragedy, as well as global challenges, is very satisfactory. For the first time, three months of first half of 2019 - January, March and June - have produced over $ 1 billion worth of merchandised exports. We had originally set an ambitious $ 20 billion target for 2019, but we may miss it and end up at around $ 18.5 billion, which will be still higher than the $ 16 billion achieved last year,” Samarawickrama said.

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Sri Lanka looks for more partnerships with UAE

2019-07-23

Sri Lanka looks for more partnerships with UAE

A delegation led by Hon. Nalin Bandara, Deputy Minister of Development Strategies & International Trade comprising officials from both the public and private sector visited United Arab Emirates (UAE) and met several important trade partners in the UAE. The delegation had very fruitful discussions with the Dubai Chamber of Commerce & Industry, Sharjah Chamber of Commerce & Industry as well as Al-Maya Group and the Lulu Supermarket International.

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Sri Lanka, All set for Expo 2020 Dubai

2019-07-18

Sri Lanka, All set for Expo 2020 Dubai

Sri Lanka is now officially an approved participant at the World Expo 2020 Dubai as the Government of Sri Lanka signed the Official Participation Contract with the "Dubai Expo 2020 Bureau” on 08th July 2019. The high level delegation to the UAE for the Contract signing Ceremony was led by Hon. Nalin Bandara, Deputy Minister of Development Strategies & International Trade. Ms. Indira Malwatte, Chairperson & Chief Executive, Sri Lanka Export Development Board as the Commissioner General for Sri Lanka of Expo 2020 Dubai, signed the Official Participation Contract on behalf of Sri Lanka with Mr. Najeeb Mohammed Al-Ali, Executive Director of Dubai Expo 2020 Bureau in the presence of Hon. Nalin Bandara, Deputy Minister of Development Strategy and International Trade.

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EDB exporters’ forums provide relief to businesses

2019-07-12/ Source at: Daily FT

EDB exporters’ forums provide relief to businesses

The Sri Lanka Export Development Board (EDB) has been conducting the Exporters’ Forum since its inception from late 70s. The EDB has identified the need of a common platform to discuss and resolve the issues faced by the exporter community in Sri Lanka in order to facilitate exporters to overcome constraints arising from policy and operational issues created by various institutes that regulate, operate, and facilitate cross border trade. The EDB as the nation’s prime institute to facilitate export development created this mechanism to enable exporters to submit their issues to the highest levels of state institutions that cannot be reached easily by a trader. The unique feature of the Exporters’ Forum is the participation of the private sector and the public sector to resolve issues, with the political leadership represented by the relevant minister together with direct ministry-level interventions providing solutions to address those issues.

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Sri Lanka participates in 16th China International Small and Medium Enterprises Fair

2019-07-03/ http://www.ft.lk/business/Sri-Lanka-participates-in-16th-China-International-Small-and-Medium-Enterprises-Fair/34-681129

Sri Lanka participates in 16th China International Small and Medium Enterprises Fair

Sri Lanka Export Development Board, in coordination with the Consulate General of Sri Lanka in Guangzhou, participated in the 16th China International Small and Medium Fair (CISMEF) from 24-27 June.

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23rd Presidential Export Awards Ceremony on 19 September

2019-06-19/ Source at: Daily FT

23rd Presidential Export Awards Ceremony on 19 September

The Sri Lanka Export Development Board (EDB) is planning to hold the 23rd Presidential Export Awards Ceremony under the patronage of President Maithripala Sirisena on 19 September at the BMICH

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UAE, Sri Lanka discuss Expo Dubai 2020

2019-05-17/ Source at: Daily FT

UAE, Sri Lanka discuss Expo Dubai 2020

Transforming Sri Lanka into the hub of the Indian Ocean, with a knowledge-based, highly competitive and social-market economyis the objective of the Vision 2025 policy document of the Government.Making the transistion to anexport, FDI and tourism orientedcountry is the only optionfor Sri Lanka to create better jobs for the youth of our country and to graduate to a higher income economy.

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Sri Lanka's Top Exporters & Investors are discussing the current status of the Country

2019-05-09

Sri Lanka's Top Exporters & Investors are discussing the current status of the Country

As per the instructions of the Hon. Malik Samarawickrama, Minister of Development Strategies and International Trade, Export Development Board organized a meeting with the key Exporters and Investors on Friday 03rd May 2019 at the 3rd Floor Auditorium to discuss the current situation of the country.

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NES market diversification business mission to Central Europe

2019-05-06

NES market diversification business mission to Central Europe

Sri Lanka’s share in the global export market and the contribution of exports to the national GDP has been in decline whereas imports to the country is in the increase. Further exports are dependent on imported inputs therefore, it is noted that the gap between export and import has been continuously increasing.

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Promote Sri Lanka SME’s at the World’s Largest Food innovation Exhibition –SIAL France under the national pavilion organized by the EDB

2019-03-27

Promote Sri Lanka SME’s at the World’s Largest Food innovation Exhibition –SIAL France under the national pavilion organized by the EDB

The EDB is implementing a national programme to nurture 2000 new entrepreneurs to become exporters during the period 2017 - 2022 at regional level. The main objective of this programme is to encourage domestic enterprises to invest in export industries to achieve the overall export target of US $ 28 billion in 2022. Simultaneously new entrants have gained opportunities in the international marketing experience.

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Sri Lanka Participation at BioFach 2019  Nuremberg, Germany

2019-03-14

Sri Lanka Participation at BioFach 2019 Nuremberg, Germany

The EDB has identified BioFach as one of the best places to promote Sri Lankan organic products to the EU region and other countries. EDB in collaboration with the Sri Lanka Consulate in Frankfurt, Germany organized a national pavilion in an area of 117 s.qm at hall no 02 which was reserved for international exhibitors and most of the EU buyers visited to this hall.

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National program to develop 2000 new exporters by the year 2020

2019-03-06/ http://www.ft.lk/business/National-program-to-develop-2000-new-exporters-by-the-year-2020/34-674061

National program to develop 2000 new exporters by the year 2020

The seventh seminar for the Vavuniya, Mullaitivu and Mannar District entrepreneurs on the national program of developing 2000 new exporters was held on 1 March at the Vavuniya district secretariat conference hall.

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Sri Lanka’s participation at the EXPO 2020 DUBAI - 20th October 2020 to 10th April 2021 in Dubai, United Arab Emirates

2019-02-27

Sri Lanka’s participation at the EXPO 2020 DUBAI - 20th October 2020 to 10th April 2021 in Dubai, United Arab Emirates

The World Expo is one of the oldest and largest international events taking place every 5 years and lasting for 6 month where everyone can learn, innovate and create progress by sharing ideas and working together through a common theme.  United Arab Emirates (UAE) has been selected as the host country for the forthcoming event to be held in year 2020. This World Expo will be held for a period of six months from 20th October 2020 to 10th April 2021 in Dubai under the theme “Connecting Minds, Creating the Future”. The World Expo in Dubai in 2020 will be the first to be held in the MENA & SA (Middle East and North Africa & South Asia Region.

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EDB to showcase Ceylon Spices in international market

2019-02-17/ Source at: Sunday Observer

EDB to showcase Ceylon Spices in international market

The National Export Strategy (NES) is progressing in the right direction. It has six focused areas and is expected to provide the impetus for the export drive supporting economic growth, Chairperson of the Export Development Board (EDB), Indira Malwatte said.

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Meet with Sri Lankan Food & Beverage Exporters at Gulfood 2019

2019-02-12

Meet with Sri Lankan Food & Beverage Exporters at Gulfood 2019

UAE is blessed with a strategic location between the East and West, which makes it accessible to major emerging economies, linking shipping routes and facilitating goods' transportation between the various regions in Middle East, Asia, Europe and Africa. Understanding the preciousness of the location, the business community has launched GULFOOD Food & Beverage exhibition in 1987 in Dubai and the exhibition has grown to promote F&B trade between more than 180 countries annually. In 2018 Gulfood set records with 97,000 visitors attending and over 5000 companies from over 185 different countries exhibiting their products.

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EDB seeks green light from Quarantine Authorities in China

2019-01-21/ http://www.dailynews.lk/2019/01/22/business/175019/edb-seeks-green-light-quarantine-authorities-china

EDB seeks green light from Quarantine Authorities in China

Sri Lanka Export Development Board (EDB) has made a formal request to the Quarantine Authorities of China for obtaining quarantine clearance for in a bid to support Sri Lankan Agri-entrepreneurs in gaining new ground in China’s organic market.

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Merchandise and service exports up 15% to $ 17 billion in 2018

2019-01-04/ Source at: Daily FT

Merchandise and service exports up 15% to $ 17 billion in 2018

Sri Lanka’s merchandise and service exports in 2018 are estimated to have hit an all-time high of $ 17 billion, up 15% from a year earlier prompting the Government to be confident of achieving the $20 billion milestone this year.

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EDB organized an Inward Buyer Delegation from Japan

2018-12-05

EDB organized an Inward Buyer Delegation from Japan

The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka Embassy in Japan organized an Inward Buyer Delegation from Japan, from 3rd to 5th December 2018 with the objective of developing business linkages between Sri Lankan companies and the Japanese buyers as well as to increase awareness among Sri Lankan exporters on the Japanese market.

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Technical transfer program for coir-based manufacturers in North Western and Southern provinces

2018-12-03/ http://www.ft.lk/business/Technical-transfer-program-for-coir-based-manufacturers-in-North-Western-and-Southern-provinces/34-668043

Technical transfer program for coir-based manufacturers in North Western and Southern provinces

The EDB’s Regional Development Division successfully concluded a Technical transfer program for coir-based manufacturers in the North Western Province (NWP) & Southern Province (SP) from 19-29 November under the ‘2000 Exporters Development Program’.

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NOCU organized an awareness workshop an Organic Farming for International Markets Prospects

2018-11-30

NOCU organized an awareness workshop an Organic Farming for International Markets Prospects

NOCU organized an awareness workshop for the stakeholders engaged in organic agriculture related activities to educate them on the role of NOCU and international market prospects for organic agriculture products. Workshop was held on 29th November 2018 at the EDB 3rd Floor Auditorium. This workshop was organized for Growers/Farmers, Processors, Traders, Exporters, Importers Other organic related entrepreneurs etc.

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