Insights on competitive landscapes of market segments of each country, how product readiness, pricing, and statutory limitations affect your services in the international market. Understand the different types of channels, trade barriers, feasibility and investment from a Sri Lankan perspective. Insights on how to carry out a global market assessment, organizational commitment to develop global markets from learning and success stories of hSenid.
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/643517033189389/
Envisioning the future of Sri Lankan Ports, Sri Lanka Ports Authority is shifting its original thought of container hub to global logistic hub, expecting the boom in international trade that opens up a range of opportunities and challenges. Ports Authority expects to strength complex logistic approaches with "one touch"' information flow of all activities while sustaining the best practices at national and international level in order to improve overall economic conditions in Sri Lanka.
Port of Colombo is the mega transhipment hub in South Asia, ranked as the 22nd container port by handling 7.2million TEUs in 2019 of which only 18% are Ex-Im cargo and 13th best connected port in the world.
Almost all exports are shipped in containers & Sri Lanka Ports Authority expanded the Port of Colombo to cater for Ultra Large Container Ships (ULCS) operating on the Asia to Europe trade lane.
How the Port Authority facilitate trade, benefits for Investors, Exporters & way forward ?
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/615863949039968/
On 31st January 2020, the UK left the European Union following an unprecedented Brexit vote. On 19 May the UK Government announced its new tariff regime - the United Kingdom Global Tariff (UKGT) scheme or the Most Favoured Nation tariff regime of the UK, designed specifically to suit the UK economy. It is the first independent tariff policy in almost fifty years. UKGT will replace the EU’s Common External Tariff (CET) and will be effective from 01 January 2021 ie, after the Brexit transition period.
The UKGT regime has differences compared to the current EU CET and it is important to understand the competitive position of Sri Lankan exports in the UK market after 2021 in the light of the proposed preferential scheme that will be introduced.
The purpose of this webinar is to educate the Sri Lankan exporters on the upcoming UKGT reg ime and explain the post Brexit market challenges and opportunities.
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/3670943942922817/
We live in a VUCA world. Everything that’s happening around us shows it beyond doubt. Our ability to slow down, reflect and take charge in responsible ways must be sharpened continuously. “We can’t solve problems by using the same kind of thinking we used when we created them” That’s a timeless quote from Albert Einstein which has so much relevance today.
Our perspective of what is happening and what responses are needed is largely driven by our mind which is already conditioned by the past experiences. And, this doesn’t lead necessarily to new thinking as we tend to rely on our hard-wired memory. Even cultivated trust is only a belief. We all may have discovered it at some stage in our life – instead, trust has to be discovered within. We will need extra-ordinary courage to move away from the known to the unknown.
For us to win and keep winning in the VUCA world, our thinking has to change. We need to grow internally. We cannot achieve much growth internally by holding on to the cultivated beliefs and a mind that is afraid to explore without seeking to explain. Our game is no longer the analogy to the Chess moves that the conventional wisdom taught us: anticipate and stay two moves ahead of your opponent. In the VUCA world where the change is exponential we must strive to become “surfers riding waves” who will not get crushed by the next wave and the next, and the next. And, the One Thing we need to master is Mental Fortitude.
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/575434339829664/
It is the right time for Sri Lankan IT innovations to be recognized at the highest levels globally. US dominated the top brands globally however the trend of Asia Pacific companies from China, India and other countries are growing in the past five years.
Today is a story of an IT innovative product company BoardPAC that transforms boards of large companies across the world. The session will share how BoardPAC started in Sri Lanka with a vision and great from it’s early stages to it’s success with global recognition in 30 countries and counting. Sharing insights of strategies of innovation and branding by the company at each stage of growth.
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/542185259993478/
In Japan, policy makers are considering ways to promote domestic manufacturing and other sectors to protect the economy from disruptions caused by the coronavirus outbreak. There are ongoing preparations for special programmes to encourage Japanese manufacturers to transfer their overseas production bases back to Japan and Southeast Asia, as the coronavirus pandemic has greatly disrupted world supply chains including those in Japan.
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/2319255578384324/
The ways of yesterday, is no longer relevant. The world has changed a lot almost a reset. We need to re strategies our approach.
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/1899981500138252/
Due to the prevailing situation of COVID-l9 outbreak, the Department of Import and export Control executes an implementation to control on Non-essential import goods in order to alleviate the pressure on exchange rate and the stress on financial markets, by the Regulations No. 02 of 2020 of 21 May 2020.
It was observed that many Exporters / Importers / Indirect exporters are facing difficulties in operating their Import / export Process / business, mainly due to lack or insufficient awareness and understanding on the New Regulations and EDB together with the Department of IEC, Sri Lanka Customs, and Ministry of Finance and the BOI organized the a Webinar for the Trading Comminute especially exporters/importers.
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/3089127061175225/
Adherence to the principles is a top priority in organic agriculture aims not only at growing and producing quality food products, but also at ensuring the balance between the system of agricultural production and natural processes, preserve exhaustible resources.
Join us to explore importance of adhering to the principles in Organic Agriculture for reaching millennium goals.
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/544719312879806/
Good brand positioning includes developing a compelling and a meaningful purpose for your business and crafting and aligning a strategy towards that purpose, to achieve sustainable competitive advantage.
Join us to explore how creating shared values is fundamental to building globally competitive Sri Lankan brands.
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/184130666291859/
A discussion on inculcating the right culture and enhancing the sprint of doing business. Join us to explore how profits alone will not make a company prosper.
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/613241689273895/
Reference the Gazette Extraordinary Notifications No 2176/19 dated May 22- 2020 published to amend the regulations stipulated under the Gazette Extraordinary Notifications No 2171/5 dated April 16 - 2020.
A deviation is granted for effective period of the Gazette Extraordinary Notifications No 2171/5 dated April 16, 2020 for schedule I and II in terms of regulation no.6 and therefore, regulations of that gazette shall be effective for shipments made (on board date) from 18.04.2020. However, regulation of the Gazette Extraordinary, Notifications No 2176/19 dated May 22, 2020 shall be effective from 22nd of May 2020 as per regulation No.02 of the Gazette.
The exporters are kindly requested to follow the regulations stipulated in the Gazette Extraordinary Notifications No 2176/19 dated May 22- 2020 in importing essential raw materials for production of value-added products for urgent credible confirmed export orders.
Gazette Extraordinary Notifications No 2176/19 dated May 22- 2020 (English)
Gazette Extraordinary Notifications No 2176/19 dated May 22- 2020 (Sinhala)
Operating Instructions issued by the Controller General, Department of Export and Import Control
You may contact following EDB officer for any issue to be taken up at the relevant authorities;
Dr. Sanjewa Rathnasekera, Assistant Director / Policy & Strategic Planning – 071 8477760
Ms. Chathuri Pasqual, Assistant Director / Market Development – 077 3124480
Ms. Chathuri Pathmaperuma, EPO / Trade Facilitation & Trade Information – 077 8281052
Mr. Anura Wickramasekara, Deputy Director / Business Support Unit – 071 4056499
Mr. Indrakeerthi SRP, Director Trade Facilitation – 071 4406119
Emails: [email protected] with a copy to [email protected]
As this situation evolves, we will do our best to support you.
SRI LANKA EXPORT DEVELOPMENT BOARD
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/171823324251665/
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/540038166899872/
The Ceylon Chamber of Commerce has developed a special section dedicated to COVID-19 business response on our website to update the private sector on important trade updates and guidelines related to COVID-19.
Today, brands have become even more important than the products they represent: their stories travel with lightning speed through social media and the Internet and across countries and diverse cultures. Strong brands are more than globally recognizable; they are critical assets that can make a potentially significant contribution to your company's bottom line.
View the webinar on EDB official Facebook Page: https://www.facebook.com/sledb/videos/1615002328648147/
All BOI Approved Exporters and Customs House Agents (CHA) are hereby instructed to follow the following paperless process for clearance of imported raw materials by BOI exporters, with effect from 20th April 2020.
Read More - English
Read More - Sinhala
Sri Lanka Customs has decided to start the operations for the clearance of all import and export cargo while adhering to the government policy to maintain social distancing during the COVID 19 epidemic.
Interim Guidance Issue by Directorate of Environmental Health, Occupational Health and Food Safety, Ministry of Health and Indigenous Medical Services
The Process to be followed at the Customs CBHQ1 Office (Long Room) when Clearing Import Cargo during the COVID-19 Outbreak
Notice to the Commercial Banks & Authorized Dealers Engaged in Outward Remittances and the Persons who make Outward Remittances for Requirement of Tax Clearance Certificates for Outward Remittances.
Notice on the decisions of the SAARC Trade Officials meeting which was held on April 8, 2020 via video conference, to discuss ways and means to facilitate intra-regional trade in the prevailing situation.
Issuing new curfew passes will be carried out in four categories by the Police Headquarters, offices of Senior DIGs in-charge of each province, divisional Superintendents of Police (SPs) and police stations in order to reduce unnecessary queuing-up at Police stations
Curfew Pass Issue Instruction Circular - English
Curfew Pass Issue Instruction Circular - Sinhala
Letter from Secretary, Ministry of Plantation Industries and Export Agriculture on Request to Supply Essential Services required for the Continuation of Tea Sector
Letter from Secretary, Ministry of Plantation Industries and Export Agriculture on Request to Supply Essential Services required for the Continuation of Rubber Sector
Letter from Secretary, Ministry of Plantation Industries and Export Agriculture on Request to Supply Essential Services required for the Continuation of Coconut Sector
Letter from Secretary, Ministry of Plantation Industries and Export Agriculture on Request to Supply Essential Services required for the Continuation of Activities of Estates Managed by Regional Plantation Companies
Please be advised that due to the prevailing situation, the Department of Commerce regrets to inform that it will be compelled to reduce its operating hours as follows, from Monday, April 06, 2020:
Monday 9.00 a.m. to 2.00 p.m.
Wednesday 9.00 a.m. to 2.00 p.m.
Friday 9.00 a.m. to 2.00 p.m.
Please read the below notice for details, before you visit the DOC for the above services.
Sri Lanka Customs has made arrangements to provide services to the importers, exporters and other agencies under the prevailing situation of the country due to COVID 19 pandemic. The following arrangements are applicable for both sea cargo and air cargo processes.
The Central Bank of Sri Lanka has decided to set up the above Re-financing Facility in order to implement the decisions taken by the Cabinet of Ministers on 20.03.2020 to introduce a wide range of fiscal and financial concessions for COVID-19 hit business activities including self-employment businesses and individuals.
Due to the world wide COVID-19 crisis, it has become difficult to receive original health certificates and catch certificates (fish) in the border control posts in the EU. Because of the restrictions and cancelled flights, couriers like DHL and TNT have problems to send documents by airplane to Europe. Importers have contacted the Netherlands Food and Consumer Product Safety Authority (NVWA) with the question if it could be possible to accept copies of health certificates during controls at the border. The suggestion is that apart from the option that the TRACES system can be used by third countries to issue export certificates, the NVWA gives the Competent Authority in the third country the opportunity to send the certificate as a scanned Pdf-file directly by email to the NVWA. This will be in line with Letter SANTE.DDG2.G/BVG from the European Commission. The email to which the certificates have to be sent, is: [email protected]
Due to the prevailing situation of COVID-l9 outbreak, this Department executes an implementation to control on Non-essential import goods in order to alleviate the pressure on exchange rate and the stress on financial markets.
Thereby, Sri Lanka Customs and Commercial Banks are obliged to suspend the facilitation of importation of Non-essential goods stipulated with the symbol of Temporary Suspension (TS) in Annex A under the payment term relating to Letter of Credit, Documents against Acceptance. Documents against Payment, Open Account and Advanced Payment, or a combination of these. until June 23.2020
In line with the decision taken by the Cabinet of Ministers at the Cabinet meeting held on 20.03.2020 on the Direction issued by His Excellency the President to provide relief measures to assist businesses and individuals who are adversely affected by the prevailing Covid-19 outbreak, the Central Bank of Sri Lanka hereby issues this Circular to the licensed commercial banks, licensed specialised banks and leasing companies, hereinafter referred to as financial institutions.
COVID 19, the novel coronavirus infection, which began in Hubei Province, China in December last year has now been declared a pandemic by the World Health Organization. All sections of society should engage with the public health authorities to take action to prevent and contain the spread of the virus.
It is crucial to remain vigilant as Sri Lanka has recently reported cases of COVID 19. Businesses and employers, in particular, have a major role to play to keep workplaces safe if we are to stop the spread of this disease as workplaces are frequented by a large number of people. This document outlines the key steps to be taken at workplaces to prevent the spread of the virus.
Employers should start doing these things now, to keep the workplaces safe to prevent the spread of the virus. This may help to reduce working days lost due to illness and stop or slow the spread of COVID-19. The following simple measures can be easily adopted in the workplace to reduce the spread of infections.
Working arrangements have been made for the facilitation of essential import clearance and export / BOI Processes as well. Long room staff is working in between 10.00am to 2.00pm. RCT staff will be there from 10.00am to 5.00pm.CVT staff will facilitate on call. If you need any further assistance or information, please don't hesitate to contact us.
Sunil Jayarathne – ADG (Sri Lanka Customs)
Sri Lanka Customs has made arrangement to provide services to the importers, exporters and other agencies under the prevailing situation of the country due to COVID 19 pandemic. The following arrangements are applicable for both sea cargo and air cargo processes. However, please note that these arrangements are made subject to health and safety measures notified by the government, especially to minimize the human gathering thus preventing the spread of this deadly decease.
In order to facilitate exports, the Department of Commerce (DOC) will be open from 20th March 2020. However, because of the prevailing situation in the country due to the fast spreading corona virus, the Department will be operating with only a skeleton staff. Therefore, all exporters are kindly requested to take note of the following:
Many steps are being taken by the government to mitigate the possible negative impact of COVID -19 to the society at large and it will be absolutely necessary to ensure that the economic functions of the country shall continue to be undertaken unabated. In this context, export oriented manufacturing enterprises be advised that operation of their enterprises shall be carried out , subject to the concerned management taking required measures to protect the employees by following all health and safety procedures as had been advised The relevant government institutions will continue to provide all services even with a skeleton staff. :