Sri Lanka's Apex Organisation for Export Promotion
The Sri Lanka Export Development Board (EDB) and the International Trade Centre (ITC) co-organized a series of factory visits as part of the UK-Sri Lanka Trade Mission under the SheTrades Commonwealth+ Programme.
The United Kingdom (UK)-Sri Lanka Trade Mission, co-organized by the International Trade Centre (ITC) and the Sri Lanka Export Development Board (EDB), successfully concluded its Jaffna program on 4th December 2024. This initiative highlighted the export potential of women-led businesses in Sri Lanka, particularly in the Northern region.
The United Kingdom (UK)-Sri Lanka Trade Mission, part of the UK Government-funded SheTrades Commonwealth+ Programme, is connecting 13 UK companies with 45 Sri Lankan women entrepreneurs on 2 – 6 December 2024.
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in October 2024 amounted to US$ 1,097.1 million, recorded an increase of 18.22 % compared to the month of October 2023. This was mainly due to the increase in earnings from export of Apparel & Textiles, Tea, Rubber based products, Coconut based products and Spices & Concentrates.
In a strategic move to bolster Sri Lanka’s exports and enhance the international competitiveness of SMEs in Sri Lanka, Sri Lanka Export Development Board (EDB) signed a cooperation agreement with International Finance Corporation (IFC) launching the Sri Lanka Export Excellence Initiative (SLEEI).
European Union (EU) Ambassador to Sri Lanka Her Excellency Carmen Moreno reiterated their unwavering commitment to uplift the island’s economic conditions by engaging in fruitful collaborations. The Ambassador made these remarks when she made a courtesy call on the newly appointed EDB Chairman Mr. Mangala Wijesinghe on the 7th November, 2024, together with the Deputy Head of Mission Mr. Lars Bredal.
As a strategic move to develop a mechanism for addressing challenges in the export value chain, the Export Development Board (EDB) has established a Trade Facilitation Task Force. The first meeting was held on October 29 at the Export Development Board.
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in September 2024 amounted to US$ 937.95 million, recorded a decline of 3.49 % compared to the month of September 2023. This was mainly due to the decrease in earnings from export of Tea, Rubber based products, Electrical & Electronics and Seafood.
In a significant step towards strengthening trade and economic relations between Sri Lanka and Hong Kong, the Hong Kong Trade Development Council (HKTDC) and the Export Development Board (EDB) have come together to host a landmark Roadshow at The Kingsbury Hotel, Colombo on 11th October 2024 .
Mr. Mangala Wijesinghe officially assumed duties as the 16th Chairman of the Sri Lanka Export Development Board (EDB) on October 16 at the EDB headquarters. He initially joined Browns & Company 16 years ago.
Sri Lanka Export Development Board (EDB) met a delegation led by H.E. Jan Thesleff, Swedish Ambassador to India and Sri Lanka, Mr. Sanjay Kulatunga, Honorary Consul General of Sweden in Colombo, and Mr. Pawan Tehlani, Lead for Sustainability and Climate Change at Business Sweden, on 04th of October 2024. The meeting was mainly focused on potential business collaborations and opportunities between the two nations.
The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Consulate General in Melbourne (SLCG) and the Sri Lanka-Australia Chamber of Commerce (SLACC), successfully organized a trade delegation to Melbourne, Australia, from 2nd to 6th September, 2024.
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in August 2024 amounted to US$ 1,165.4 million, recorded an increase of 4.18 % compared to the month of August 2023. This was mainly due to the increase in earnings from export of Apparel & Textiles, Tea, Rubber based products, Coconut based products and Spices & Concentrates.
A delegation from the Canton Fair Operations Department of China visited Sri Lanka Export Development Board (EDB) on 30th August 2024 to scale up trade relationship between the two countries through participating at trade promotional events such as Canton Fair 2024.
A high-level delegation from Mirai Consulting Group, Japan, recently visited Sri Lanka to explore potential investment opportunities in various sectors. The delegation, led by Okada Atsushi, COO of Mirai Consulting Group, met with the EDB Chairman at the EDB headquarters.
Export Development Board (EDB) and KPMG Sri Lanka jointly organized a knowledge-sharing session on the new European Union (EU) regulations concerning Environmental, Social, and Governance (ESG) factors on 11th September 2024.
A training session addressing the critical issue of post-harvest losses through innovative packaging techniques was recently held at the Export Development Board (EDB). Organized in collaboration with the National Packaging Center (NPC) and the National Institute of Post-Harvest Management (NIPHM), the event attracted around 50 entrepreneurs with export potential.
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in July 2024 amounted to US$ 1,087.6 million, recorded an increase of 6.58 % compared to the month of July 2023. This was mainly due to the increase in earnings from export of Apparel & Textiles, Tea, Coconut based products, Spices & Concentrates and Seafood.
The 1st of August, 2024, marks the 45th anniversary of the Sri Lanka Export Development Board (EDB). The EDB was established in 1979 with the objective of establishing a strong government-level institutional framework to develop and promote Sri Lanka’s exports in order to integrate with the global economy consequent to the adoption of liberal economic policies in 1977, and it has been at the vanguard in terms of promoting and developing exports in Sri Lanka for over four decades.
Sri Lanka Export Development Board has initiated a series of awareness programmes with the objective of improving the digital presence of export potential SMEs at the regional level in collaboration with Sampath Bank PLC.
