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Highlights of Sri Lanka-Singapore FTA which makes watershed in Sri Lankan economy

2018-02-06/ http://www.ft.lk/business/Highlights-of-Sri-Lanka-Singapore-FTA-which-makes-watershed--in-Sri-Lankan-economy/34-648827

Highlights of Sri Lanka-Singapore FTA which makes watershed in Sri Lankan economy

On 23 January, Sri Lanka marked a significant watershed in the development of its economy when it signed a Free Trade Agreement (FTA) with Singapore after 18 months of negotiations between the trade negotiation teams of both countries.

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UK delegation visits EDB

2018-02-01/ http://www.ft.lk/business/UK-delegation-visits-EDB/34-648504

UK delegation visits EDB

A group of UK Parliamentarians headed by MP Ranil Jayawardena visited EDB recently and discussed the current trade scenario as well as the future potential......

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Federation of Malaysian Manufacturers trade delegation visit to EDB

2018-01-30/ http://www.ft.lk/business/Federation-of-Malaysian-Manufacturers-trade-delegation-visit-to-EDB/34-648394

Federation of Malaysian Manufacturers trade delegation visit to EDB

At the request by the Sri Lanka High Commission in Malaysia the EDB met the trade delegation from Federation of Malaysian Manufacturers (FMM) on 23 January 2018 at EDB....

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Significant growth in exports in Jan-Nov 2017

2018-01-18

Significant growth in exports in Jan-Nov 2017

Exports continued to record growth momentum for eight of 11 months of 2017 compared to 2016, the Exports Development Board (EDB) said yesterday(17-01-2018).

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International fashion industry expert Donald Potard from Parson’s University in Paris visits Sri Lanka

2018-01-10/ http://www.ft.lk/business/International-fashion-industry-expert-Donald-Potard-from-Parson-s-University-in-Paris-visits-Sri-Lan/34-646945

International fashion industry expert Donald Potard from Parson’s University in Paris visits Sri Lanka

In line with the Export Development Board’s (EDB) efforts to promote the fashion design sector, EDB gave the opportunity for three Sri Lankan designers to promote their designs..........

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Iranian delegates visited to EDB

2018-01-08/ http://www.ft.lk/business/Iranian-delegates-visit-EDB/34-646880

Iranian delegates visited to EDB

A four-member Iranian delegation visited the Sri Lanka Export Development Board (EDB) to discuss the potential for re-exportation of dehydrated grapes to the Middle Eastern market.......

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Nagano Employers’ Association visits EDB to Enhance Trade Relations between Sri Lanka and Japan

2018-01-04

Nagano Employers’ Association visits EDB to Enhance Trade Relations between Sri Lanka and Japan

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...........

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Collaborating To Compete: A new dawn to the Sri Lankan Rubber sector entities! – EDB/ADB Initiative

2017-12-25

Collaborating To Compete: A new dawn to the Sri Lankan Rubber sector entities! – EDB/ADB Initiative

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,.....

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Sri Lankan exporters strengthen their value proposition at EDB’s first Export Marketplace

2017-12-21/ http://www.ft.lk/business/Sri-Lankan-exporters-strengthen-their-value-proposition-at-EDB-s-first-Export-Marketplace/34-645674

Sri Lankan exporters strengthen their value proposition at EDB’s first Export Marketplace

Sri Lankan exporters, service providers, and buyers engaged in a full day pilot export marketplace organized by Sri Lanka Export Development Board, Dilmah Conservation and the World Bank Group. Three companies were awarded prizes of US$ 5000 each to strengthen their export value proposition.

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Sri Lanka breeds Arowana (lucky fish) successfully in Polonnaruwa.

2017-12-12

Sri Lanka breeds Arowana (lucky fish) successfully in Polonnaruwa.

For the first time in Sri Lanka, successful captive breeding of Asian arowana (Scleropages formosus) has been recorded in the Polonnaruwa district recently. The species is considered as a high valued ornamental fish in the international market and the local market as well.

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EDB promotes global value chain linking automobile component manufacturing sector with Thailand

2017-12-12

EDB promotes global value chain linking automobile component manufacturing sector with Thailand

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.

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Turkey’s DeriDesen interested in starting production in Sri Lanka

2017-12-08/ http://www.ft.lk/business/Turkey-s-DeriDesen-interested-in-starting-production-in-Sri-Lanka/34-644796

Turkey’s DeriDesen interested in starting production in Sri Lanka

Istanbul-based Turkish label manufacturer DeriDesen has expressed interest in starting a production plant in Sri Lanka.

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Strong uptick in exports and FDIs, latest 2017 data shows

2017-12-08/ http://www.dailymirror.lk/article/Strong-uptick-in-exports-and-FDIs-latest-data-shows-141816.html

Strong uptick in exports and FDIs, latest 2017 data shows

As Sri Lanka’s pro-growth reforms gather pace, amidst an improving external economic environment, exports and Foreign Direct Investments (FDI) have shown substantial increases this year compared to last year, the Development Strategy and International Trade Ministry said.

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Exploring new opportunities under Pakistan-SL FTA at Expo Pakistan

2017-12-05

Exploring new opportunities under Pakistan-SL FTA at Expo Pakistan

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.

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Stakeholders conclude consultative meetings on National Export Strategy

2017-11-16

Stakeholders conclude consultative meetings on National Export Strategy

The Export Development Board (EDB) together with the Development Strategies and International Trade Ministry and International Trade Centre (ITC) held the final consultative meeting of the National Export Strategy (NES) with its line ministries and private sector stakeholders to chart the next export growth cycle of the country in Colombo yesterday.

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National Export Strategy for Sri Lanka: Prerequisite for economic development

2017-11-14/ Source at:Daily FT

National Export Strategy for Sri Lanka: Prerequisite for economic development

Sri Lanka’s economy needs to transform itself to ensure that the nation’s aspirations to reach higher middle income status by the year 2020 are met and achieved. This transformation can take place by introducing innovative and radical changes to Sri Lanka’s current economic development model.

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EDB organises Sri Lanka Pavilion at 14th China-ASEAN Expo, Nanning, China

2017-10-31/ http://www.ft.lk/business/EDB-organises-Sri-Lanka-Pavilion-at-14th--China-ASEAN-Expo--Nanning--China/34-642330

EDB organises Sri Lanka Pavilion at 14th China-ASEAN Expo, Nanning, China

The Export Development Board (EDB) organised Sri Lanka’s participation at the 14th China-ASEAN Expo (CAEXPO) in Nanning, China from 12-15 September in collaboration with the Sri Lanka Consulate in Guangzhou.

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State Minister of International Trade Sujeewa Senasinghe addressed GSP+ Sri Lanka Business Forum in Milan

2017-10-31

State Minister of International Trade Sujeewa Senasinghe addressed GSP+ Sri Lanka Business Forum in Milan

On a promotional visit to enhance Sri Lanka’s exports to Italian market under EU-GSP+ concessions and the investment potentials, Minister Sujeewa Senasinghe addressed Sri Lanka Business Forum organized by the Embassy of Sri Lanka in Italy, Sri Lanka Consulate in Milan and the EDB, in association with Associazione Italiana Commercio Esterocalled AICE in Milan. This forum was held at the auditorium of AICE on 17th of October where it was attended over 70 potential buyers, importers, investors and the chamber representatives in Milan. AICE in Milan, having more than 70 years of history, has been helping Italian and foreign companies to do mutual business in Italy.

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EDB participates in Intergovernmental Group of Experts on E-Commerce and the Digital Economy

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

EDB participates in Intergovernmental Group of Experts on E-Commerce and the Digital Economy

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.

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Large Lankan private sector delegation at WEDF in Budapest

2017-10-28/ http://www.ft.lk/front-page/Large-Lankan-private-sector-delegation-at-WEDF-in-Budapest/44-642324

Large Lankan private sector delegation at WEDF in Budapest

Central Europe’s first ever World Export Development Forum (WEDF) in Hungary this week has drawn a large Sri Lankan private sector delegation put together by the Export Development Board.

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