The National Export Strategy (NES) of Sri Lanka, in alliance with the National Trade Policy, seeks to be the catalyst that drives the economy, stimulate growth and job creation by improving the ability of firms to export and compete in foreign markets
Built on the feedback from the entire export community about the upcoming tasks and the heaviest roadblocks that require to be dislodged. NES defines a detailed road map for faster export growth and acknowledges the requirement of a novel outlook and a process to increase the contribution of trade to economic development.
The NES will empower the emergence of new export industries and services beyond the traditional export industries of apparel, tea, gems and rubber. High tariffs, complicated administrative procedures and limited access to inputs will be addressed to favour the growth of higher-technology and knowledge-intensive exports, which are less vulnerable to cost shifts.
In addition, NES implementation will address major systemic issues hindering the rapid expansion of Sri Lanka’s exports sector.
The National Export Strategy (NES) is a top-down and bottom-up process that consolidates national and sector priorities into a comprehensive implementation framework. The main NES aggregates and consolidates national priorities as well as major high-level priorities from each sector and their trade support functions into a coherent framework.
Implementation of NES will create sustainable and fast export growth for the benefit of all Sri Lankans.