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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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EDB Turns 40 : Contribution to the Economy of the Nation

2019-08-02

EDB Turns 40 : Contribution to the Economy of the Nation

The Sri Lanka Export Development Board [EDB] which turned 40 years on 1st August is the premier state organization for the development and promotion of exports. The Board plays myriad roles in the export sector of the economy, as a Policy Advisor, Monitor, Promoter, Facilitator and Knowledge Provider in carrying out its responsibilities of implementing strategies for achieving national export targets.

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Exports grow 11.4% in first half of 2019

2019-07-24/ Source at: Daily FT

Exports grow 11.4% in first half of 2019

Despite global and local challenges, Sri Lanka’s merchandised and service exports have risen by 11.4% to $ 8.5 billion in the first half of this year, prompting the Government to attribute it to a series of development efforts and assure further support. Releasing the latest yet provisional data, Development Strategies and International Trade Minister Malik Samarawickrama said yesterday that export sector performance was commendable, though he admitted there is significant scope for higher value. “The 11.4% growth, despite the impact of the October 2018 undemocratic constitutional coup, and the Easter Sunday tragedy, as well as global challenges, is very satisfactory. For the first time, three months of first half of 2019 - January, March and June - have produced over $ 1 billion worth of merchandised exports. We had originally set an ambitious $ 20 billion target for 2019, but we may miss it and end up at around $ 18.5 billion, which will be still higher than the $ 16 billion achieved last year,” Samarawickrama said.

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EDB exporters’ forums provide relief to businesses

2019-07-12/ Source at: Daily FT

EDB exporters’ forums provide relief to businesses

The Sri Lanka Export Development Board (EDB) has been conducting the Exporters’ Forum since its inception from late 70s. The EDB has identified the need of a common platform to discuss and resolve the issues faced by the exporter community in Sri Lanka in order to facilitate exporters to overcome constraints arising from policy and operational issues created by various institutes that regulate, operate, and facilitate cross border trade. The EDB as the nation’s prime institute to facilitate export development created this mechanism to enable exporters to submit their issues to the highest levels of state institutions that cannot be reached easily by a trader. The unique feature of the Exporters’ Forum is the participation of the private sector and the public sector to resolve issues, with the political leadership represented by the relevant minister together with direct ministry-level interventions providing solutions to address those issues.

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23rd Presidential Export Awards Ceremony on 19 September

2019-06-19/ Source at: Daily FT

23rd Presidential Export Awards Ceremony on 19 September

The Sri Lanka Export Development Board (EDB) is planning to hold the 23rd Presidential Export Awards Ceremony under the patronage of President Maithripala Sirisena on 19 September at the BMICH

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National Program to develop 2000 new exporters by the year 2020 Ratnapura District entrepreneurs awareness seminar and Technology exhibition

2019-06-10

National Program to develop 2000 new exporters by the year 2020 Ratnapura District entrepreneurs awareness seminar and Technology exhibition

The Eighth seminar for the Ratnapura District entrepreneurs on the national program of developing 2000 New Exporters was held on June 07, 2019 at the Kethumathi Hotel, Ratnapura,

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UAE, Sri Lanka discuss Expo Dubai 2020

2019-05-17/ Source at: Daily FT

UAE, Sri Lanka discuss Expo Dubai 2020

Transforming Sri Lanka into the hub of the Indian Ocean, with a knowledge-based, highly competitive and social-market economyis the objective of the Vision 2025 policy document of the Government.Making the transistion to anexport, FDI and tourism orientedcountry is the only optionfor Sri Lanka to create better jobs for the youth of our country and to graduate to a higher income economy.

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Sri Lanka's Top Exporters & Investors are discussing the current status of the Country

2019-05-09

Sri Lanka's Top Exporters & Investors are discussing the current status of the Country

As per the instructions of the Hon. Malik Samarawickrama, Minister of Development Strategies and International Trade, Export Development Board organized a meeting with the key Exporters and Investors on Friday 03rd May 2019 at the 3rd Floor Auditorium to discuss the current situation of the country.

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