• Japan positive on FTA, wants economic regime strengthened

    Asian Tribune - 30-07-2014

    02/01/2017
    Japan positive on FTA, wants economic regime strengthened

    As Sri Lanka-Japan bilateral trade jumped $890 Mn and edged to $ 900 Mn mark, a keen Japan signalled towards a Lanka-Japan FTA for the first time-albeit with a qualifier. “In terms of country risk and future potential, I believe Sri Lanka is quite promising. We consider that FTA and EPAs as very useful means to promote trade. Mere conclusion of FTAs alone is not sufficient for better trade however. What is important is to develop a very robust foundation here” said a confident Kazuyoshi Akaba, the visiting Japanese Senior Vice Minister of Economy, Trade & Industry (METI) on 28 July in Colombo.

    Japanese Minister Akaba was responding to Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) on 28 July during his bilateral session with the Sri Lankan team led by Minister Bathiudeen at Ministry of Industry and Commerce, Colombo 3.

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  • Global Rubber Conference 2014 to be held in Sri Lanka

    02/01/2017
    Global Rubber Conference 2014 to be held in Sri Lanka

    Sri Lanka has been selected to host one of the world’s leading conferences on natural rubber Global Rubber Conference (GRC) 2014.

    The three-day international event will be held from 27 to 30 October 2014 at the Cinnamon Grand in Colombo.

    Global Rubber Conference 2014 themed “Sowing the Seeds for Sustainable Future” is expected to bring together over 700 experts and delegates representing over 25 countries.

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  • MINT- an opportunity to diversify Sri Lanka’s export markets

    02/01/2017
    MINT- an opportunity to diversify Sri Lanka’s export markets

    In 2001, economist Jim O’Neill famously coined the term ‘BRIC’ to refer to the newly emerging economies of Brazil, Russian, India, and China. In 2014 O’Neill has now popularized a newer and what the BBC calls ‘fresher’ term – MINT – Mexico, Indonesia, Nigeria and Turkey (put forward by Fidelity Investments).

    In a time where many developed nations are facing a crisis with regard to their ageing population, what makes MINT stand out, according to O’Neill, are their favourable demographic statistics. Mexico, Indonesia, Nigeria and Turkey are four of the world’s most heavily populated emerging economies, with populations of 118, 237, 174 and 73 million respectively. To add to that in the next 20 years all four countries will see a rise in the number of economically active workers to inactive - meaning they will have a declining dependency ratio. What this will do is ease the burden off the government. In recent years an increasing dependency ratio has plagued countries from the UK to Japan, putting pressure on government budgets and the shrinking work force. Thus the demographics of MINT will certainly be a source of envy for their more developed counterparts.

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  • “Sri Lanka will be in the next five emerging countries”: French Ambassador

    Daily FT- 23-07-2014

    02/01/2017
    “Sri Lanka will be in the next five emerging countries”: French Ambassador

    A session on ‘Bilateral Trade between Sri Lanka and France’ organised by the National Chamber of Commerce was held with the participation of Ambassador of France Jean Paul Monchau, as a Special Guest Speaker and assisted by Commercial Counsellor of the Trade Section of the Embassy Jean Louis POLI, at the Chamber, last week. Additionally Government senior officials- Director General Commerce, Director General, Export Development Board and Board of Investment graced the occasion.

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  • EDB enters WTO global benchmark

    Daily News - 17-07-2014

    02/01/2017
    EDB enters WTO global benchmark

    For the first time, the Export Development Board has entered WTO, UNCTAD, ITCs benchmark of global export agencies and finished among the top ten. EDB has come to the sixth spot among 30 national trade promotion organisations across the world, benchmarked by the International Trade Centre under WTO and UNCTAD. EDB's score in 2012 study is above average and the next level to move is 80% "High level TPO Performance" category and then, finally to 100% -what we call "world class".

    "EDB has done quite well in International Trade Centre's 2012 Lanka EDB benchmarking test. EDB has come to sixth spot among 30 national trade promotion organisations across the world, benchmarked by us-the International Trade Centre under WTO and UNCTAD" said Geneva based Martin Labbe (Senior Officer, Trade Support Institutions Strengthening, International Trade Centre, Switzerland) in Colombo addressing the inaugural session of the four day "Performance Improvement Roadmap for Sri Lanka's EDB by ITC" at the EDB Auditorium, Colombo.

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  • ‘France’s economic power to weld with Sri Lanka’s rapid growth’

    02/01/2017
    ‘France’s economic power to weld with Sri Lanka’s rapid growth’

    ‘Preparations for CHOGM. Colombo was a busy hive of activity. We were wondering if infrastructure for that event could be completed. It was done. No problem. It was a substantial undertaking of deft organization; of things falling into place. Of every little detail being

    observed and the main event worked off with clinical attention to detail, said Ambassador of France to Sri Lanka Jean-Paul Monchau recently, talking to the business community and the press at the National Chamber of Commerce auditorium.

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  • Boat Show 2014 to attract major buyers to Dickowita

    Daily News - 16-07-2014

    02/01/2017
    Boat Show 2014 to attract major buyers to Dickowita

    South Asia’s premier boat show and fisheries exhibition, ‘Boat Show 2014’ organized by Boat Building Technology Improvement Institute (BTI), Sri Lanka Export Development Board and Lanka Exhibition and Conference Services will take centre stage from October10 to12 at the Dickowita Fishery Harbour.

    The theme of the event is ‘Promotion of Leisure Boating in Sri Lanka’.

    The main objective of the event is to attract buyers from all corners of the globe, while positioning Sri Lanka as the hub for the industry in South Asia and to develop a forum between buyers and sellers to facilitate industry growth. The main feature of this year’s event will be the meeting of the International Marina Group of the ICOMIA, concentrating on the promotion of marina development and the development of leisure boating tourism.

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  • INTRODUCING AND IMPLEMENTING FAIR TRADE TO THE CRAFT SECTOR

    02/01/2017
    INTRODUCING AND IMPLEMENTING FAIR TRADE TO THE CRAFT SECTOR

    The EDB recently held a workshop in Batticaloa to introduce the Fair Trade Concept to the Craft sector in the Eastern Province. The workshop was attended by around 40 participants representing giftware, lifestyle and handloom products. The workshop was conducted by Mr. Paul Myers, Expert on Fair Trade from U.S.A and there was a lot of interest shown by the companies /individuals present.

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  • Awareness Seminar/Workshop On Cut Foliage and Flowers For The Export Market For Export Oriented Out Growers In NW Province

    02/01/2017
    Awareness Seminar/Workshop On Cut Foliage and Flowers For The Export Market For Export Oriented Out Growers In NW Province

    The North Western Provincial office of the SLEDB, successfully conducted the awareness seminar/workshop on Cut foliage & flowers for the export Market on 20th June 2014 in the auditorium of District Secretariat-Kurunegala with the participation of 102 Cut foliage & Flowers out growers in North Western Province. The programme was organized by NWP-EDB with the assistance of Department of Agriculture.

    The main objective of conducting this seminar was to increase the capacity of export oriented cut foliage out growers in the Province by way of enhancing Technical/Market awareness and facilitating linkages between out growers and exporters in order to develop consolidated supply base of quality Cut foliage & flowers for exports from Regions.

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  • Three-day ‘Israel-Sri Lanka Business Forum’ on 25 June

    02/01/2017
    Three-day ‘Israel-Sri Lanka Business Forum’ on 25 June

    The Sri Lankan Embassy in Israel in collaboration with the Export Development Board in Sri Lanka, Ministry of External Affairs in Sri Lanka, LR Group in Israel and the Israel-Asia Chamber of Commerce in Israel, has organised a ‘Business Forum’ for the Sri Lankan and Israeli business communities from 25 to 27 June, in order to strengthen bilateral, commercial, trade, cultural and other relations between the two friendly nations.
    Main topics to be dealt with will include tourism, technology, water, energy, medical, apparel, employment, agriculture, green house cultivation, diary, fish, flora and fauna, diamonds, gems, jewellery, rubber, hospital, pharmaceuticals, highways, construction and any other topics by the prospective delegates based on their requirements.

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  • Sri Lankas' Participation at SIAL - 2014

    02/01/2017
    Sri Lankas' Participation at SIAL - 2014

    Sri Lanka Export Development Board in collaboration with the Consulate General Office in Toronto, Canada organized the Sri Lanka’s participation at SIAL Canada 2014. . Five Sri Lankan food & Beverages exporting companies participated in the programme.

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  • Rishad Leading Strong Biz Delegation to Kunming Kick-Off

    02/01/2017
    Rishad Leading Strong Biz Delegation to Kunming Kick-Off

    As bilateral trade with China crossed $ 3 Bn, one of the biggest ever trade and business delegations from Sri Lanka is flying to grace the 22nd Kunming international Fair in China which kicks off tomorrow June 06.

    “Sri Lanka has been taking part in this event when it was held for the first time in Beijing in 2007. With one of the biggest EDB supported delegations, we are hopeful of good results this year as well” said an upbeat Rishad Bathiudeen (Minister of Industry and Commerce) on the eve of 04 June.

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  • International Education Fair 2014 Male A Promotion of Sri Lankan Education in Maldives

    02/01/2017
    International Education Fair 2014 Male A Promotion of Sri Lankan Education in Maldives

    “International Education Fair 2014”; an annual education promotion programme will be held on 13th& 14th June at the Art Gallery - Malé. This s being organized for the fourth consecutive time and this time it is being organized as a national event by the Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka High Commission in Maldives and Millennium Concepts –Maldives. AOD – The International Design Campus – Sri Lanka joins hands with them as the Gold Sponsor. This promotional programme mainly includes the “Study in Sri Lanka” concept and these two day exhibition will be followed by few Networking meetings with the Ministry of Education Malé.

    The Maldivian Government encourages deserving Maldivian students to pursue higher studies overseas by granting education funding. There is also a constant growing demand among the youth to study overseas. There were 1,000 Scholarships which have been announced by the President in March 2014.   Promoting study opportunities, raising awareness of the company profile or generating sales leads can be achieved by participating in this event.

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  • EDB PAVILION AT FACETS SRI LANKA 2014

    edirectory.lk

    02/01/2017
    EDB PAVILION AT FACETS SRI LANKA 2014

    An ideal opportunity for SMEs

    The Sri Lanka Export Development Board (EDB) will be organizing a special pavilion at FACETS SRI LANKA – International Gem & Jewellery Show 2014 to be held at the Sirimavo Bandaranaike Memorial Exhibition Center from 04th to 07th September 2014.

    Objective The objective of organizing this special pavilion is to give an opportunity for the SME Gem & Jewellery manufacturers to showcase their products and make use of the event as a platform for them to enter into the international market.

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  • Certificate Course in Packaging Technology - 2014

    02/01/2017
    Certificate Course in Packaging Technology - 2014


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  • 6th FOOTWEAR & LEATHER FAIR 2014

    6th FOOTWEAR & LEATHER FAIR 2014 7TH TO 9TH FEBRUARY 2014 BMICH- COLOMBO

    02/01/2017
    6th FOOTWEAR & LEATHER FAIR 2014

    The Footwear & Leather fair 2014 was ceremonially inaugurated by Hon Basil Rajapaksa Minister of Economic Development. Hon Rishard Bathiudeen, Minister of Industry & Commerce, Hon Lakshman Wasantha Perera, Deputy Minister of Industry & Commerce and Hon. Weerakumara Dissanayaka, Deputy Minister of Traditional industries & Small Enterprise Development were the Guests of honor at this event. Large gathering of diplomats form countries namely Iraq, Italy, Vietnam, Netherlands, Iran, Nigeria, Indonesia, Turkey, India, France, European Union, Libya, Romania, Cuba, Malaysia and Germany was presented at the opening ceremony.

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  • Lankan exporters invited to utilize Pakistan’s GSP Plus with EU

    02/01/2017
    Lankan exporters invited to utilize Pakistan’s GSP Plus with EU

    Pakistan’s High Commissioner to Sri Lanka Major General Qasim Qureshi made an open invitation to Sri Lankan exporters to utilize the current Generalized System of Preferences Plus (GSP) scheme Pakistan enjoys with the European Union (EU) and expand trade between the two countries through the existing free trade agreement (FTA).

    “Pakistan’s new GSP plus scheme with the EU is an opportunity for Sri Lankan exporters. For that we should jointly explore whatever is possible within the rules and regulations of the trade concession,” Qureshi said during a discussion held at the National Chamber of Commerce, recently.

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  • SRI LANKA: Apparel exports exceed $4bn target

    02/01/2017
    SRI LANKA: Apparel exports exceed $4bn target

    Sri Lanka's apparel and textile sector exported a record US$4.3bn in2013 and its Joint Apparel Association Forum (JAAF) has predictedoverseas sales will continue rising this year.

    The JAAF president Noel Piyatilake told just-style the industry istargeting an ambitious target of US$6bn in exports by 2020, making SriLanka one of the world's top 10 apparel exporting countries.

    Piyatilake is also hoping to gain extra leverage from planned tradeagreements. "We have made several representations to the Sri Lankangovernment to explore the option of entering into preferential treatmentagreements with several countries including China, Japan, India, Braziland Russia, which will benefit our sector immensely," he explained.

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  • Footwear, leather fair exhibition attracts foreign buyers

    02/01/2017
    Footwear, leather fair exhibition attracts foreign buyers

    The sixth edition of the Footwear and Leather Fair 2014 exhibition organized by Sri Lanka Export Development Board in collaboration with the Ministry of Industry and Commerce, Industrial Development Board and Footwear and Leather Products Manufacturers Association kicked off yesterday at the BMICH.

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  • Lankans seek to dress the Chinese

    02/01/2017
    Lankans seek to dress the Chinese

    Sri Lanka’s apparel industry is looking towards China this year aimed at finding new brands and increasing chances of promoting garment exports via a new gateway with trade concessions for its existing buyers to the East Asian partner.

    But reasons for the shift in market focus would also be due to the fact that industries need to align themselves with wherever the free trade agreements (FTA) are entered into by the government, Sri Lanka Apparel Exporters Association Chairman Yohan Lawrnce told the Business Times.

    The Chinese market is said to have grown in addition to a good demand for luxury goods due to the large spending capacity by its locals. As a result of the rising income levels this new emerging market was today becoming a brand and quality conscious market.

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