Sri Lanka's Apex Organisation for Export Promotion
Involvement of the public and private sector in the development of the country’s economy has been the trend in the world for the past few decades. It is not possible to achieve any sector development by focusing interventions solely on the private or public sector. In fact, many of the challenges faced by the private sector can be overcome only in partnership with the public sector.
2019-10-29/ http://www.ft.lk/front-page/We-wouldn-t-be-globally-successful-without-Sri-Lanka-IFS/44-688568
Global enterprise applications company IFS with over $ 700 million in revenue said recently it wouldn’t have been successful without Sri Lanka where it relies heavily for development, product and customer support and innovation.
2019-10-23/ http://www.ft.lk/business/EDB-organises-Sri-Lanka-pavilion-at-GITEX-Technology-Week/34-688158
The Sri Lanka Export Development Board (EDB) organised a Sri Lanka country pavilion at the GITEX Technology Week, held from 6-10 October.
Sri Lanka yesterday launched the official website announcing the country’s participation in the six-month long Expo 2020 Dubai, anticipating a major boost to exports, tourism and investments while looking to enhance the country’s brand value and image globally.
Indira Malwatte, Chairperson & Chief Executive of EDB and the Commissioner General of Sri Lanka for Expo 2020 Dubai together with the private sector stakeholders; Secretary Generals of the National Chamber of Exporters and National Chamber of Commerce of Sri Lanka, Shiham Marikkar and Bandula Dissanayake and the Co- Chair Planning Sub Committee of Expo 2020 Dubai, Fazal Mushin met Ahmed Ali Ibrahim Al Mualla, the ambassador for UAE in Sri Lanka this week at the embassy premises to further strengthen Sri Lanka’s commitment in participation at Expo 2020 Dubai and to review the progress made so far.
Mahela Jayawardena and Kumar Sangakkara - two of the most iconic cricketers produced by the country has come on board as Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai organized by the Sri Lanka Export Development Board (EDB) as a public private cooperation project .
The ‘Ceylon Spice’ master brand was officially launched yesterday, as Sri Lanka’s latest national branding attempt for the spice sector, with Government aiming to achieve an export target of $ 880 million from the ‘Spices and Concentrates’ sector by 2022.
The Export Development Board will launch Sri Lanka’s country-of-origin trade mark for the spices sector today (25th September, 2019) at JAIC Hilton, Colombo. The mark supports growers, processors and manufacturers by helping them clearly identify their products as Sri Lankan-made, and informs customers and consumers that all significant parts, produce, processing and products are of genuine Sri Lankan origin.
The 23rd Presidential Export Award Ceremony (PEA) organized by the Sri Lanka Export Development Board (EDB) was successfully held on 19th September 2019 under the patronage of His Excellency the President of Sri Lnaka at the Bandaranaike Memorial International Conference Hall (BMICH), Colombo with the participation of the large number of exporters. The award winners were presented a prestigious PEA Trophy and a Certificate & they have the privilege to use the “Award Logo” as a marketing tool for a 3 year period.
The 23rd Presidential Export Award Ceremony organized by the Sri Lanka Export Development Board (EDB) will be held on Thursday 19th September 2019 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of His Excellency the President of Democratic Socialist Republic of Sri Lanka.
Sri Lanka’s participation at Expo 2020 Dubai is set in a spectacular manner to ensure the strengthening of the country’s trade, tourism, and investments. The Sri Lanka Export Development Board plays a critical role, together with private and state organisations, to landmark Sri Lanka’s presence at this global event.
The government has allocated Rs. 580 million to promote Sri Lanka’s exports, tourism and investment opportunities at Expo 2020 Dubai, which is expected to draw over 25 million visitors.
The country’s exports are heading in the right direction with apparel, coconut and coconut based products, recording an all time high in May, according to the data released by the Export Development Board (EDB) last week.
The Sri Lanka Export Development Board (EDB) in association with the National Research Council (NRC) held an awareness session on the NRC’s Public-Private Partnership (PPP) Programme on 29th July, 2019, at the EDB Auditorium targeting the exporter community. The aim of the session was to educate exporters about the modalities of the PPP programme.
“This Act is truly visionary; I wish other countries had this in their export development framework!”, remarked a senior official of the Geneva-based International Trade Centre to me some months back. He was referring to the ‘Sri Lanka Export Development Act No. 40 of 1979’, which marks 40 years this month. He had found it to be an institutional arrangement that was far ahead of its time, and is still having relevance today – not just for Sri Lanka, but also for other developing countries. And he would know, having worked on export development strategies for over a dozen countries around the world.
Opening a new chapter in the exports playbook, the Government of Sri Lanka launched its flagship national agenda – The National Exports Strategy (NES) – in July 2018. The ambitions and outward looking agenda
To help Sri Lankan companies eyeing the daunting Indian market, the International Trade and Development Strategies Ministry yesterday launched a new report to assist breaking into India, with Minister Malik Samarawickrama undertaking a visit to India this week to help local businesses find success across the Palk Strait.
The Sri Lanka Export Development Board [EDB] which turned 40 years on 1st August is the premier state organization for the development and promotion of exports. The Board plays myriad roles in the export sector of the economy, as a Policy Advisor, Monitor, Promoter, Facilitator and Knowledge Provider in carrying out its responsibilities of implementing strategies for achieving national export targets.
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.
