Sri Lanka's Apex Organisation for Export Promotion
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.
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.
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.
2019-03-13/ http://www.ft.lk/business/SLINTEC-signs-agreement-with-Dynawash-to-commercialise-new-dyeing-technology/34-674542
Sri Lanka Institute of Nanotechnology (SLINTEC) signed a research commercialisation agreement with Dynawash Ltd. on 31 January to introduce a new natural textile dyeing technology using biomass pigments.
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.
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.
Sri Lanka needs to make greater efforts to get into the US market using the United States Generalized System of Preferences (GSP) scheme as a tool while ensuring that buyers are aware of GSP, said Dr. Fredrik Leuhusen from the School of Management at the University of California, Los Angeles.
2019-01-17/ http://www.ft.lk/business/Eight-Sri-Lankan-garment-manufacturers-to-participate-in-Texworld-%E2%80%93-Apparel-Sourcing-USA-in-July/34-671026
Following an exciting summer edition of Texworld – Apparel Sourcing USA in July 2018, Sri Lanka Chamber of Garment Exporters is organising its first Sri Lankan Pavilion with the representation of eight companies at the first edition of the fair from 21 to 23 January, at Javits Convention Center.
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.
2018-11-23/ http://www.ft.lk/business/Successful-participation-of-Sri-Lanka-at-first-China-International-Import-Expo-in-Shanghai/34-667466
The CIIE is China’s first import expo held at the national level, an innovation in the history of global trade. The first CIIE was held at the National Exhibition and Convention Centre (NECC) and organised by Ministry of Commerce of the People’s Republic of China and Shanghai Municipal People’s Government supported by the World Trade Organization and the United Nations Industrial Development Organisation and organised by the China International Import Expo Bureau and the National Exhibition and Convention Center (Shanghai) Co. Ltd.
The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka Embassy in Japan is organising an Inward Buyer Delegation from Japan, from 3-5 December with the objective of developing business linkages between Sri Lankan companies and the Japanese buyers and to increase awareness among Sri Lankan exporters on the Japanese market.
2018-10-23/ http://www.dailynews.lk/2018/10/23/business/166281/govt-introduces-b2c-direct-transaction-under-e-commerce
The Ministry of Finance and Mass Media as envisaged in the Budget-2018 by the Minister Mangala Samaraweera has established a regulatory framework enabling Sri Lankan companies to initiate Business to Consumer (B2C) direct E-Commerce transactions with overseas customers.
The 22nd Presidential Export Awards Ceremony was held to celebrate the outstanding achievements of the Exporters at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo, on September 18, 2018, under the patronage of His Excellency Maithripala Sirisena the President of Sri Lanka.
Following is the address by Minister Malik Samarawickrama at the Presidential Export Awardson 18 September
2018-09-18/ http://www.ft.lk/business/8-Lankan-firms-under-EDB-banner-at-Texworld-Apparel-Sourcing-Paris/34-663018
Eight Sri Lankan companies are taking part under the Export Development Board (EDB) banner at Texworld/Apparel Sourcing Paris which commenced 17/09/2018 and will conclude on 20-09-2018.
2018-08-08/ http://www.dailynews.lk/2018/08/08/business/159079/sl-course-us-175-bn-export-target-2018
Sri Lanka is on course to reach the 2018 export target of US$ 17.5 billion set up by the government, said Chairperson, Export Development Board, Indira Malwatte.
2018-07-26/ http://www.ft.lk/business/EDB-organises-seminar-and-matchmaking-program-on-Canadian-market-in-Colombo/34-659773
The Sri Lanka Export Development Board (EDB) organised a seminar and matchmaking program with the services of two Canadian marketing experts. The objective of the program is to increase awareness among Sri Lankan exporters on the Canadian market and to develop business linkages between Sri Lankan companies and buyers in Canada for increasing exports to Canada.
There is an old saying, “Behind Every Successful Man, There is a Woman.” That is a proven truth in the Sri Lankan society. Nalin Herath, the proprietor of Ecoeye Lanka (Pvt) Ltd., is a man of courage.
Being the Strategic Partner of the Sri Lanka Investment and Business Conclave 2018 organized by the Ceylon Chamber of Commerce (CCC) 2018 from 19th to 21st June 2018, the EDB collaborated with CCC in organizing foreign buyers delegation for the event considering the benefits that will accrue to the development of exports through establishment of trade links, creating investment opportunities into the export sectors and image building efforts of the country.
2018-05-16/ http://www.ft.lk/business/EDB-awareness-program-for-Southern-Province-entrepreneurs-to-establish-2-000-exporters-by-2020/34-655151
Sri Lanka Export Development Board organised an awareness program for the entrepreneurs of the Southern Province on the national program to establish 2,000 new exporters. The program was held at the Sanaya Hotel, Matara on Friday, 11 May.
