Sri Lanka's Apex Organisation for Export Promotion
EDB has been informed by the Sri Lanka Embassy in China that New Regulation on Exporter Registration will be in effective from 1st January 2022 imposed by the General Administration of Custom of China (GACC) for all overseas food manufacturers.
Sri Lanka’s ICT/BPM country Brand the “Island of Ingenuity” – IOI, was promoted at the Digital ICT Week in Luxembourg from 13th to 17th September 2021.
Sri Lanka’s merchandize exports in August 2021 recorded an increase of 14.4 % to US$ 1,083.56 Mn as compared to US$ 947.2 Mn recorded in August 2020 as per the data released by the Sri Lanka Customs.
The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka Embassy in South Korea organized Sri Lanka product displays to promote the Food & Beverage sector in the Korean market. Sri Lankan food products were promoted in Korea Import Good Fair (KIGF) organized by Korea Importers Association (KOIMA) from 22nd to 24thJuly, 2021, at COEX, Seoul, and during the Seoul Food & Hotel Show (SFH) which was held at Korea International Exhibition Center (Kintex) from 27thto 30th July, 2021. Both events provided opportunities for Sri Lankan entrepreneurs to explore new business leads and strengthen the existing business networks.
The Embassy of Sri Lanka in Viet Nam and the Export Development Board of Sri Lanka (EDB) organized a virtual conference to share information about, and opportunities in, the Buddhist Education Sector in Sri Lanka with prospective institutions in Viet Nam, on the 25th of August 2021. The main purpose of holding the virtual conference was to promote Sri Lanka as the prime destination at which prospective Vietnamese Monks, Nuns and laymen may learn, practice and follow the Noble Doctrine of the Lord Buddha. The event was attended by more than 100 Vietnamese Monks, Nuns and laymen who are willing to further their studies in Sri Lanka.
Sri Lanka Export Development Board (EDB) is planning to hold the 24rh Presidential Export Awards Ceremony for the financial years 2019/20 and 2020/21 on 26th November 2021 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of His Excellency the President, Gotabaya Rajapaksa.
Sri Lanka’s exports have surpassed the $ 1 billion mark in July after four months’ time period where the similar achievement was only recorded in March during this year.
A webinar on ‘Finding a Market for Agri Products in EU’ with a special focus on organic markets, organised by the Embassy of Sri Lanka in Germany in collaboration with the Import Promotion Desk of Germany and Export Development Board of Sri Lanka was held on 29 July, with over 200 participants across large to SME Agri sector exporters.
EDB Chairman Suresh De Mel noted that Sri Lanka’s future success in exports would be driven on the back of a niche-product strategy. He noted multiple successes of export revenue generation companies and how they have successfully exploited niche markets.
The Export Development Board (EDB) raised concerns on the shortage of containers as a result of multiple global supply chain bottlenecks.
The Government yesterday (09-08-2021) said steps would be taken to pursue a national strategy to capitalise on prospects for boat building and related services, with specific proposals earmarked in the upcoming 2022 Budget.
The Sri Lanka Export Development Board (EDB) is collaborating with The Ceylon Chamber of Commerce (CCC), and the United States Agency for International Development (USAID) supported Partnership for Accelerating Results in Trade, National Expenditure and Revenue (PARTNER) Activity to implement a capacity building programme for Development Officers attached to EDB.
The Sri Lanka Export Development Board in collaboration with The Consulate General of Sri Lanka in Guangzhou and the Department of Commerce of Fujian successfully organized the Fujian, China - Sri Lanka Economic & Trade Forum and Matchmaking event on 28th July 2021 via “video conference + web cast”.
The Sri Lanka Export Development Board (EDB) in association with the Sri Lanka Accreditation Board (SLAB) under the guidance of the Ministry of Trade organized a stakeholder forum on organic agricultural exports, which was chaired by Trade Minister Hon Bandula Gunawardena, on 27th July at NSBM Green University.
The Sri Lanka Export Development Board (EDB) with the assistance of the Tertiary and Vocational Education Commission (TVEC) has prepared a Vocational Education Training Plan (VET Plan) for the Electrical and Electronics sector (EEC sector) in Sri Lanka to identify the skill gaps and training required to satisfy EEC sector needs to develop the Electrical and Electronics industry to support the national export drive. This was jointly funded by the EDB and the TVEC. The Sri Lanka Electronic Manufacturers and Exporters Association (SLEMEA) also extended their support in preparing this report.
The Sri Lanka Export Development Board (EDB) and Sri Lanka High Commission in New Delhi, India jointly organized an online briefing session with Amazon India (www.amazon.in) on 29th June, 2021, to explore the digital marketing opportunities available for the Sri Lankan exporters in the Indian market via the highly reputed e-commerce platform; amazon.in.
As per the latest statistics released by the Sri Lanka Customs, the export sector performance has been able to maintain its upward trend in June 2021 with exports increasing by 9.41 % to US$ 978.2 Mn compared to June 2020. This upward trend was evident year-on-year for the last four months.
Sri Lanka is bracing to re-enter the $ 15 billion Chinese seafood market following a resolution of issues connected to mandatory health certification.
A webinar on “EU Market Trends in Agri Products Sector” organized by the Embassy of Sri Lanka in Germany in collaboration with the Import Promotion Desk of Germany and Export Development Board of Sri Lanka was held on 30 June, 2021 with a view to educating Sri Lankan exporters on trends in the processed food, natural ingredients and fresh produce sectors, who wished to enter or expand in the German and wider EU market.
Sri Lanka’s export sector performance has been able to managed its growth momentum in May 2021 with the challenges of this pandemic. “We are happy to see that export levels are reaching fast to the pre-Covid 19 levels despite the continuous multiple challenges faced by our exporters with intermittent travel restrictions and local area isolations. Maximum efforts are be taken to secure the export orders in hand while attracting new orders to the country – the responsibility of the authorities are to facilitate the exporters in every possible way to keep them operating”, Chairman, EDB.
