In a new step to enhance the global reputation of Lankan Footwear & Leather (F&L) sector, Sri Lanka’s apex export facilitator EDB locked the presence of any imported F&L items at the forthcoming international Footwear and Leather (F&L) show to be held in Colombo in February, thereby greatly re-assuring the prospective Lankan F&L exhibitors. Meanwhile, the international reception for the ongoing Colombo F&L series is such that prospective buyers from four countries already confirmed their arrival to EDB.
Sri Lanka has been deservedly praised for the progress it has made since the end of the war against the separatist Tamil Tigers in 2009. The economy has grown at an average annual rate of 6.7%, and education and health statistics are impressive.
All developing countries face myriad challenges, but this is especially the case for a country that has suffered an intense 30-year civil war. The government will need to set priorities; but success will require a comprehensive approach.
Sri Lankan tea exporters received much needed encouragement and Ministerial level assurance to resolve their travails –and with the involvement of a broad range of stakeholders in future.
At a special meeting with the exporters at EDB held recently, State Minister of International Trade Sujeewa Senasinghe came forward to assist the tea exporters to resolve their pressing issues and to hold direct consultations with them on a regular basis. Interestingly, the idea of leveraging foreign made teas to strategically enhance Sri Lanka’s tea export goals and sustain its tea hub reputation came under in-depth discussion -with upbeat responses from exporters. Among the firms joining the discussion were Akbar Bros, George Steuart Teas Pvt Ltd, Jafferjee Bros Exports Ltd, and Imperial Tea.
The Export Development Board (EDB) signed a memorandum of understanding with the Sri Lanka Institute of Nanotechnology (SLINTEC) on 12th January, 2016 with the view to enhance research and development access to Sri Lanka’s exporters.
The Exporters Association of Sri Lanka, an affiliate of the Ceylon Chamber of Commerce, recently presented a strategy document to Indira Malwatte, Chairperson of the Export Development Board, outlining the issues faced by the exporters.
The document was handed over during a felicitation ceremony held by the EASL to Indira Malwatte, who was recently appointed as the new Chairperson of the EDB.
Sri Lanka would set two IT parks in Pallekele Export Processing Zone and the Achchuveli Industrial Zone Jaffna said Minister of Development Strategies and International Trade Malik Samarawickrama.
Speaking to employees of the Board of Investment(BOI), Department of Mahapola Trust, Department of Import and Exports and Export Development Board (EDB) last Friday he said that in addition new economic zones would be set up in Hambantota, Kuliyapitiya, Kilinochchi, Meerigama, Trincomalee and Avissawella. The existing zones in Kandy (Pallekele) and Mirigama would be redeveloped.