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Awareness webinar on exporting merchandise to Australia

2021-06-16

Awareness webinar on exporting merchandise to Australia

The Consulate General of Sri Lanka to Victoria, South Australia and Tasmania together with the Sri Lanka Export Development Board (EDB) and the Sri Lanka and Australia Chamber of Commerce (SLACC) organised a webinar titled – Exporting to Australia – What you need to know - on the 20th May, 2021. Kalum De Silva, President of SLACC, moderated the session. He is the founding national president of SLACC.

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EDB plans revision to 2021 export target

2021-05-24

EDB plans revision to 2021 export target

EDB Chairman Suresh de Mel stated that the export target would certainly witness a revision due to the week-long travel restrictions that have come into effect and several areas being caught under the isolation. However, he said it is too premature to assess the impact or divulge the revised target. He noted that the revision is ‘absolutely necessary’.

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Sri Lanka’s Export Performance January - April 2021

2021-05-20

Sri Lanka’s Export Performance January - April 2021

Sri Lanka’s export performance continued its upward momentum in the first three months of 2021. Due to the Covid-19 pandemic induced lockdown last year, exports were contracted by a record 64.63 per cent in April 2020. However in April this year, exports grew up by 183 per cent to US$ 798.9 Mn in comparison to the previous year.

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EDB supports exporters to continue operations during latest travel restrictions and lockdowns of certain areas in the country

2021-05-15

EDB supports exporters to continue operations during latest travel restrictions and lockdowns of certain areas in the country

The Sri Lanka Export Development Board (EDB) has made arrangements to facilitate export-oriented industries based on the circulars issued by the Government Health Authorities to continue operations of their activities during lockdown of specific areas in the country and inter-provincial travel restrictions subject to stringent health regulations.

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Sri Lanka’s Export Performance January - March 2021

2021-04-28

Sri Lanka’s Export Performance January - March 2021

Sri Lanka surpassed $ 1 billion exports in March 2021 after a lapse of six months period. As per the Customs statistics, earnings from merchandise exports recorded double digit growth of 62.47% in March 2021 on y-o-y comparison – the March figure being US$ 1,066.1 Mn.

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Continuous growth in exports in February 2021 amidst multiple challenges

2021-03-23

Continuous growth in exports in February 2021 amidst multiple challenges

Sri Lanka’s export earnings registered a growth of 2.52% with US$ Mn 993.73 in February, compared to the previous year, maintaining the growth momentum recorded during the last five months as per the provisional statistics released by Sri Lanka Customs. This is the highest export figure recorded for the month of February during the last five-year period.

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Sri Lankas Earnings from Exports reached to US$ 908.07 Mn in January 2021

2021-03-08

Sri Lankas Earnings from Exports reached to US$ 908.07 Mn in January 2021

Hon. Bandula Gunawardana, Minister of Trade urged the whole stakeholders to actively engage in assisting all exporters of the country in every possible manner during this turbulent period enabling exporters to strengthen our economy.

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EDB Chief spells out measures to aim for $ 16 b goods and services exports in 2021

2021-02-16

EDB Chief spells out measures to aim for $ 16 b goods and services exports in 2021

Sri Lanka Export Development Board (SLEDB) new Chairman Suresh de Mel this week expressed confidence of giving the best shot at realising a near $ 16 billion target for 2021 despite domestic and global challenges. This confidence stems from a plethora of new initiatives as well as fine-tuning existing endeavours to develop and boost exports.

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EDB forecasts near $ 16 b total exports in 2021

2021-02-15

EDB forecasts near $ 16 b total exports in 2021

The Sri Lanka Export Development Board (EDB) is forecasting a performance of $ 15.68 billion in merchandise and service shipments in 2021.

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2020 marks a successful year for Sri Lanka exports

2021-01-20

2020 marks a successful year for Sri Lanka exports

The US$ 13.5 billion export target set for merchandise export sectors in early 2020 remains challenging, requiring not only strong efforts from local enterprises, but also the recovery of global demand amid complicated Covid-19 situation. Amid severe impacts of the Covid-19 pandemic, Sri Lanka’s merchandise exports remain at US$ 9.9 billion in 2020, which is a 104 % achievement from the revised forecast of US$ 9.5 billion.

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Plant and Coir Exports to be Facilitated Despite the Corona Outbreak

2020-03-23

Plant and Coir Exports to be Facilitated Despite the Corona Outbreak

The National Plant Quarantine Stations at the Seaport, Colombo and Bandaranaike International Airport (BIA) in Katunayake are open to accepting samples of plants and coir products for quarantine testing and issuing of certificatio.

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EDB Chief wants export boom to be everyone’s priority

2020-01-31

EDB Chief wants export boom to be everyone’s priority

Export Development Board (EDB) Chairman Prabhash Subasinghe yesterday urged that boosting exports must be everyone’s priority, as the key agency set an ambitious yet achievable target of $ 18.5 billion this year, up by 15% from 2019. EDB revealed that as per provisional data, last year Sri Lanka’s total merchandise and service exports amounted to $ 16.14 billion up by 1.44% from 2018. The composition was merchandise exports were $ 11.9 billion, up 0.13% and service exports were $ 4.2 billion, up by 5.3% from 2018. EDB originally targeted $ 18.5 billion exports for 2019, and the estimated performance reflects achievement of 87% of the goal.

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Sri Lanka plans big for 6 month long Expo 2020 Dubai

2019-10-18/ Source at: Daily Mirror

Sri Lanka plans big for 6 month long Expo 2020 Dubai

Sri Lanka yesterday launched the official website announcing the country’s participation in the six-month long Expo 2020 Dubai, anticipating a major boost to exports, tourism and investments while looking to enhance the country’s brand value and image globally.

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Iconic Sri Lankan Cricketers Mahela and Kumar - Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai

2019-10-14

Iconic Sri Lankan Cricketers Mahela and Kumar - Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai

Mahela Jayawardena and Kumar Sangakkara - two of the most iconic cricketers produced by the country has come on board as Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai organized by the Sri Lanka Export Development Board (EDB) as a public private cooperation project .

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EDB successfully concluded the 23rd Presidential Export Awards Ceremony

2019-09-20

EDB successfully concluded the 23rd Presidential Export Awards Ceremony

The 23rd Presidential Export Award Ceremony (PEA) organized by the Sri Lanka Export Development Board (EDB) was successfully held on 19th September 2019 under the patronage of His Excellency the President of Sri Lnaka at the Bandaranaike Memorial International Conference Hall (BMICH), Colombo with the participation of the large number of exporters. The award winners were presented a prestigious PEA Trophy and a Certificate & they have the privilege to use the “Award Logo” as a marketing tool for a 3 year period.

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23rd Presidential Export Awards Ceremony on 19th September 2019

2019-09-19

23rd Presidential Export Awards Ceremony on 19th September 2019

The 23rd Presidential Export Award Ceremony organized by the Sri Lanka Export Development Board (EDB) will be held on Thursday 19th September 2019 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of His Excellency the President of Democratic Socialist Republic of Sri Lanka.

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Peter Kuruvita joins as the Guest Chef for Sri Lanka at Expo 2020 Dubai

2019-09-02/ Source at: Daily FT

Peter Kuruvita joins as the Guest Chef for Sri Lanka at Expo 2020 Dubai

Sri Lanka’s participation at Expo 2020 Dubai is set in a spectacular manner to ensure the strengthening of the country’s trade, tourism, and investments. The Sri Lanka Export Development Board plays a critical role, together with private and state organisations, to landmark Sri Lanka’s presence at this global event.

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EDB conducts an Awareness Session on NRC’s PPP Programme

2019-08-16

EDB conducts an Awareness Session on NRC’s PPP Programme

The Sri Lanka Export Development Board (EDB) in association with the National Research Council (NRC) held an awareness session on the NRC’s Public-Private Partnership (PPP) Programme on 29th July, 2019, at the EDB Auditorium targeting the exporter community. The aim of the session was to educate exporters about the modalities of the PPP programme.

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Four decades since ‘visionary’ Export Development Act

2019-08-13/ Source at: Sunday Observer

Four decades since ‘visionary’ Export Development Act

“This Act is truly visionary; I wish other countries had this in their export development framework!”, remarked a senior official of the Geneva-based International Trade Centre to me some months back. He was referring to the ‘Sri Lanka Export Development Act No. 40 of 1979’, which marks 40 years this month. He had found it to be an institutional arrangement that was far ahead of its time, and is still having relevance today – not just for Sri Lanka, but also for other developing countries. And he would know, having worked on export development strategies for over a dozen countries around the world.

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Govt. helps biz map Indian entry

2019-08-06/ Source at: Daily FT

Govt. helps biz map Indian entry

To help Sri Lankan companies eyeing the daunting Indian market, the International Trade and Development Strategies Ministry yesterday launched a new report to assist breaking into India, with Minister Malik Samarawickrama undertaking a visit to India this week to help local businesses find success across the Palk Strait.

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