Sri Lanka's Apex Organisation for Export Promotion
2018-01-18/ http://www.ft.lk/front-page/Lanka-Rubber-Global-Consortium-debuts-to-boost-exports/44-647522
A unique Lanka Rubber Global Consortium was launched yesterday (17-01-2018) to boost the industry’s exports under a groundbreaking multi-stakeholder initiative.
A delegation from Nagano Employers’ Association in Nagano Prefecture, Japan visited Sri Lanka Export Development Board (EDB) with the objective of increasing awareness on Sri Lankan key export products and services...........
Sri Lanka Export Development Board (EDB) having collaborated with Asian Development Bank carried out a study to identify issues being encountered by companies in their value chains pertaining to few identified sectors in Sri Lanka such as Rubber,.....
Hatton National Bank (HNB) in collaboration with the Sri Lanka Export Development Board (EDB) has introduced a new export credit scheme for the benefit of small and medium-scale exporters in Sri Lanka.
The global trading environment is changing rapidly with global production networks and global value chains. The developments are a result of product fragmentation; cross boarder dispersion of component production/assembly. Each country specializes in a particular stage of production sequence and trades the value added components which ultimately results in the final product.
The Trade Development Authority functioning under the purview of Ministry of Commerce of Pakistan organised the 10th Expo Pakistan from 7 to 9 November at Karachi Expo Centre, Pakistan.
2017-10-30/ http://www.ft.lk/it-telecom-tech/EDB-participates-in-Intergovernmental-Group-of-Experts-on-E-Commerce-and-the-Digital-Economy/50-642443
Information and communications technologies (ICTs) are playing an increasingly important role in the implementation of the digitalisation of economic activities and trade which can support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalisation and growth of micro, small and medium-sized enterprises, including through access to ICT-enabled financial services.
2017-10-25/ http://www.ft.lk/top-story/World-Export-Development-Forum-kicks-off-in-Hungary-today/26-642182
The 2017 edition of the annual World Export Development Forum (WEDF) kicks off today in Budapest, Hungary under the theme ‘Trade – A Force for Good: Include, Innovate, Integrate’.
The EDB entered into a Letter of Understanding (LoU) with the PUM Netherlands Senior Experts with a view to supporting particularly export oriented Small and Medium Enterprises (SMEs) by obtaining services of PUM experts from mainly Europe in the areas of technology transfer, process improvement, product development, capacity building and training needs.
2017-07-25/ http://www.ft.lk/article/630820/EDB-introduces-manufacturing-excellence-to-rubber-and-plastic-export-oriented-industry
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.
2017-07-13/ http://dailynews.lk/2017/07/13/business/121776/edb-organises-technical-training-and-exposure-programme-rubber-products
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.
2017-04-12/ http://www.dailymirror.lk/article/Development-Strategies-Ministry-and-EDB-conduct-symposium-on-NES--127115.html
The Ministry of Development Strategies and International Trade and the Sri Lanka Export Development Board (EDB) conducted the first national symposium for Sri Lanka’s National Export Strategy (NES) with more than 150 public and private sector representatives to plan the next export growth cycle of the country.
2017-04-11/ http://www.dailymirror.lk/article/Development-Strategies-Ministry-and-EDB-conduct-symposium-on-NES--127115.html
Following is the message by Minister of Development Strategies and International Trade Malik Samarawickrama, delivered to mark Sri Lanka’s First National Export Strategy Symposium held at the Temple Trees.
The rubber industry in Sri Lanka has the potential to grow bigger than the garment industry. “Unfortunately, foreign investors have not seen the possibility of this factor,” says Global Rubber Industries Ltd (GRI) Managing Director Prabhash Subasinghe.
According to GRI, a leading industrial solid tyre manufacturer based in Sri Lanka; supplying solid tyres to Original Equipment (OE) manufacturers and replacement markets in more than 45 countries worldwide since 2001; Sri Lanka is the world’s largest producer of high-quality solid tyres, dominating about 60% of the global market.Two Sri Lankans won GRC Wickham awards at the Global Rubber Conference 2014 (GRC) held at the Cinnamon Grand Hotel on 28 October.
“At the next Global Rubber Conference, the knowledge received at today’s sessions should be reflected and evaluated. In such a background it is important for us to continuously review developments in all the closely related aspects and industries including the global economy and currencies as well,” said Industry and Commerce Minister Rishad Bathiudeen said while speaking at the conference.
The local rubber industry received much emphasis yesterday with the Global Rubber Conference (GRC) 2014 kicking off in Colombo.
The four-day event, which started on 27 October, is taking place for the fourth consecutive year.
The GRC is recognised to be one of the world’s leading conferences on natural rubber and NR-based products and is held on an annual basis rotating in different rubber-producing countries.
Organised by the Sri Lanka Export Development Board (SLEDB) and Confexhub with the support from the Ministry of Plantation Industries and the Ministry of Industry and Commerce, the event saw about 250 delegates from over 25 countries come together to discuss and get updated on the pertinent issues affecting the global rubber industry.
Sri Lanka has an impressive record in the planting, production and export of rubber which is today the third largest sector to the country’s economy, said President Mahinda Rajapaksa.
Rubber is an important part of the country’s plantation sector and its contribution to agro-industry provides gainful employment to more than 300,000 persons making it a mainstay in the socio-economic aspects of the country, he added.
Sri Lankan Rubber and Rubber products have today earned worthy recognition for good quality and reliability in the international market, he stated.
As the first ever Global Rubber Confab to be held in Sri Lanka is announced on 28 August, the country positioned its historic rubber industry to be a $ 3B sector. And a top global rubber body voiced that rubber prices would recover ‘before very long’.
“We are now aiming at an ambitious $3B rubber industry in the coming decade. To arrive at this $3B in a viable manner, it is essential for us to support our rubber farmers. I believe it is time for a long term development plan for this sector. The 2013 rubber exports of $960 Mn is a 100% increase compared to rubber exports five years ago” said a keen Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) on 29 August in Colombo.
Sri Lanka has garnered more than $4.6 Mn orders at the recently concluded Kunming Int’l Fair in China-and this too is only from the initial overview of Kunming outcomes rather than any in-depth totals. “I am pleased of the performance of the delegation of 119 companies and businesses that I led to Kunming. I commend EDB for this successful facilitation effort” said a satisfied Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) on 31 July in Colombo.
