The total value of merchandise exports of the country for first 11 months of 2019 was recorded at US$ 10.7 Bn according to the provisional statistics. This is a US$ 180 Mn increase in value and a 1.7% growth when compared to the similar period of the previous year.
Prabhash Subasinghe, Chairman & Chief Executive, EDB, met with the country’s leading exporters yesterday at the Board premises. Twenty-five exporters covering the country’s main export sectors attended this meeting.
The Export Development Board (EDB) in collaboration with the Sri Lanka Consulate in Frankfurt facilitated participation of Sri Lankan exporters at Anuga 2019, one of the leading world food exhibitions held in Cologne Germany from 5th – 9th 2019.
“Participation of an international exhibition/fair of this magnitude can undoubtedly give us lot of exposure in terms of new leads, competitors & collaboration possibilities” said, Mr. Sumedha Rubasinghe, Founder, CEO – of Entgra (Pvt) Ltd.
The Export Development Board (EDB), in collaboration with the Sri Lanka Consulate General in Shanghai, facilitated Sri Lanka’s participation in the second China International Import Expo (CIIE) held in Shanghai, China from 5-10 November.
Funded by the Economic Diplomacy Program of the Ministry of Foreign Affairs, 12 Sri Lankan FinTech companies participated in the Singapore Fintech Festival (SFF) 2019 following a successful project proposal submitted by the Sri Lanka High Commission in Singapore. This is the first occasion that Sri Lanka participated at the Festival.
Sri Lanka Export Development Board organized an Export Promotional Mission to Toronto in Canada from 20 to 23 October 2019 in collaboration with the Sri Lanka Consulate in Toronto. The Ministry of Foreign Affairs of Sri Lanka partnered under the Economic Diplomacy Program (EDP) which enabled to organize Sri Lanka Pavilion at GIC in successful manner.
The Sri Lanka Export Development Board (EDB) is implementing a programme to develop 2000 entrepreneurs to become exporters by 2020 at regional level with the objective of encouraging domestic enterprises to invest in export industries to achieve the overall export target US $ 28 billion in 2022.
In keeping with Ports, Shipping and Southern Development Minister Sagala Ratnayaka’s promise to install night navigation at the Trincomalee Port before the end of this year, the Sri Lanka Ports Authority (SLPA) says it has successfully completed the project.
The Sri Lanka Export Development Board (EDB) is organizing a Sri Lanka pavilion at “PRODUCTRONICA 2019” from 12th – 15th November 2019 at MESSE MÜNCHEN, Germany with the assistance of Embassy of Sri Lanka in Germany and Consulate General of Sri Lanka in Frankfurt.
The wellness pavilion at the World Travel Market (WTM) 2019 was formally inaugurated with the ribbon-cutting and opening ceremony attended by H.E the High Commissioner of the Sri Lanka High Commission in UK, Sri Lanka Tourism Promotion Bureau, Sri Lanka Export Development Board and representatives from the participating companies of the Sri Lanka’s Wellness Tourism Industry.
“It was indeed a pleasure to be a part of the Sri Lanka delegation of 16th Ethio-Con Construction Exhibition in Ethiopia and a great opportunity not only to expand the business globally but also to get to know the vast range of opportunities in Ethiopian market”, stated a Sri Lankan Delegate, APS Lanka at the recently concluded Ethio-Con Construciton Exhibition.
The Sri Lanka Export Development Board (EDB) organised a business seminar recently with the objective of increasing awareness among Sri Lankan exporters on the Central European market and to create business linkages with the supermarkets, retailers and buying agents in Poland.
Sri Lanka reached the semi-finals of the FIRST Global Challenge, an annual Robotics Olympiad that was held this year in Dubai from 25-27 October with 189 countries participating. The team also won the Judges’ Award for Technical Excellence for the best designed robot for the second year running.
Under the Trade Information & Promotion strategy, EDB organized an Export Marketplace Programme for the Processed Food and Beverage sector, on Wednesday, 30th October 2019 at the EDB Auditorium with the objective of “Enhance the export market penetration ability of the selected SME entrepreneurs in processed food and beverage sector”
The Embassy of Sri Lanka in Brasília, under the Economic Diplomacy Program initiated by the Ministry of Foreign Affairs and with the patronage of the Department of Commerce, the Export Development Board, the Coconut Development Authority, and the Sri Lanka Tea Board, held a trade promotional program in the State of Minas Gerais from 15 to 17 October.
The Embassy of Sri Lanka in Manila, in cooperation with the Sri Lanka Export Development Board, participated at the Manila FAME 2019 from 17-19 October at the World Trade Centre, Pasay City, Philippines. The delegation comprised 14 members who represented the handicraft, home decor, and lifestyle industry of Sri Lanka.
Involvement of the public and private sector in the development of the country’s economy has been the trend in the world for the past few decades. It is not possible to achieve any sector development by focusing interventions solely on the private or public sector. In fact, many of the challenges faced by the private sector can be overcome only in partnership with the public sector.