The rubber products industry is a key industry contributing 6.9 % to total exports (2016). Sri Lanka produces a wide variety of rubber products and the major markets are the US, Germany, Belgium, Italy, Canada, the UK and Brazil.
Export of travel-related products from Sri Lanka will enjoy duty free entry to the United States following a decision by the US administration to approve the inclusion of travel goods from all GSP beneficiary countries, including Sri Lanka, in the expanded US GSP scheme on July 1, 2017.
The EDB conducted a Forum on Entrepót Trade with the participation of a large number of traders/exporters and others engaged in the Entrepót trade. Sri Lanka Logistics & Freight Forwarders’ Association (SLFFA), Sri Lanka Shippers’ Council (SLSC), Shippers Academy Colombo and several public sector institutions relevant to the trade including Sri Lanka Customs, Ports Authority and BOI collaborated with EDB in organizing the Entrepót Traders’ Forum held at EDB Auditorium on 13th July 2017.
With the help of foreign missions, the Export Development Board (EDB) confirmed that its collective effort has enabled it to knock on the doors of some well-known international brands that are keen on shifting their production facilities to Sri Lanka.
The Ministry of Development Strategies and International Trade in collaboration with the Export Development Board (EDB) organized the 11th Exporters Forum at the EDB Auditorium on 18th July 2017.
Women in Management in partnership with IFC, presented the “Top 50 Professional & Career Women – Sri Lanka 2017” on 14th July 2017 at the TAJ Samudra with a theme of “Beyond Parity – Developing Tomorrow’s Leaders”, to celebrate the achievements of remarkable women who inspire those around them through their astounding achievements in their careers, businesses and everyday lives.
The EDB, with the assistance of the Sri Lanka High Commission in UK, organised a Technical Training and Exposure Programme for the Rubber Products Sector, at Tun Abdul Razake Research Center (TARRC), UK from June 13 to 16, for eleven representatives (technically qualified) from leading companies manufacturing and exporting rubber products including an officer from the Rubber Research Institute in Sri Lanka.