Sri Lanka's gem and jewellery export revenue will surge this year following the enormous exposure the country received at the International Coloured Gemstone Association (ICA) Congress held recently in Sri Lanka, Chairman, Facets Sri Lanka, Juzar Adamaly said on the sidelines of the 16th Congress at the Cinnamon Grand recently.
He said a large number of buyers and dealers across the world at the Congress were highly impressed with the country and the range of exquisite products it offers to the global market. It is premature to put a figure but certainly export revenue will spike within a month or two.
In the back drop of the 1.3 million dollar deal wrapped by Sri Lanka Tourism in the launch month of Expo 2015, Sri Lanka Export Development Board took the high ground in month two to announce a global endorsement to Sri Lanka backed by two power bases in global trade which gives perspective to Expo 2015 for Sri Lanka's 75 billion dollar economy growing at a seven percent GDP growth said commissioner General Expo- Sri Lanka Rohantha Athukorala.
I am very much impressed by the democratic process of Sri Lanka displayed after January 8. It's a unique event and a very good start and passing of the 19th Amendment, shows the spirit of reform is very much alive in Sri Lanka. We, the Swiss, would like to support this Lankan reform spirit," said Swiss Ambassador to Sri Lanka Heinz Walker-Nederkoorn on May 13, in Colombo.
Swiss Ambassador Nederkoorn was addressing the first ever Swiss - Sri Lanka Round table Business Discussion held at the EDB on May 13.
Earnings from exports increased by 5.8 per cent, year-on-year, to US dollars 891 million in February 2015, led by industrial products, particularly textiles and garments.
Earnings from industrial exports, which represent about 77 per cent of total exports, improved mainly due to increase in exports of textiles and garments followed by petroleum products, and gems, diamonds and jewellery.
The ninth Indian Trade Fair was opened on Thursday (07) at the Sri Lanka Exhibition and Convention Centre, under the patronage of the Acting High Commissioner for India in Sri Lanka Arindam Bagchi and Deputy Minister of Industry and Commerce Champika Premadasa.