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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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Facets 2019 to promote local gem and jewellery industry with bigger and better show

2019-07-26/ http://www.ft.lk/lifestyle/Facets-2019-to-promote-local-gem-and-jewellery-industry-with-bigger-and-better-show/8-682709

Facets 2019 to promote local gem and jewellery industry with bigger and better show

In a bid to attract international dealers to Sri Lanka’s industry, the launch of the 29th edition of Facets International Gem and Jewellery Exhibition, which promises a ‘bigger and better’ show than ever before, was announced recently.

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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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Sri Lanka, All set for Expo 2020 Dubai

2019-07-18

Sri Lanka, All set for Expo 2020 Dubai

Sri Lanka is now officially an approved participant at the World Expo 2020 Dubai as the Government of Sri Lanka signed the Official Participation Contract with the "Dubai Expo 2020 Bureau” on 08th July 2019. The high level delegation to the UAE for the Contract signing Ceremony was led by Hon. Nalin Bandara, Deputy Minister of Development Strategies & International Trade. Ms. Indira Malwatte, Chairperson & Chief Executive, Sri Lanka Export Development Board as the Commissioner General for Sri Lanka of Expo 2020 Dubai, signed the Official Participation Contract on behalf of Sri Lanka with Mr. Najeeb Mohammed Al-Ali, Executive Director of Dubai Expo 2020 Bureau in the presence of Hon. Nalin Bandara, Deputy Minister of Development Strategy and International Trade.

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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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EDB Implements Capacity Building Programme for SME Jewellery Manufactures - Design, Product and Market Development

2019-07-10

EDB Implements Capacity Building Programme for SME Jewellery Manufactures - Design, Product and Market Development

The SME Jewellery Manufacturers play an important role in the Gem & Jewellery sector. However their contribution to exports is minimal due to a number of reasons. The two major factors which hinder the progress of the SMEs are the lack of awareness on the benefits of using design as a differentiator in the international market and lack of designers who are capable of producing exquisite designs to attract the high end segment in the international market. 

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Sri Lanka participates in 16th China International Small and Medium Enterprises Fair

2019-07-03/ http://www.ft.lk/business/Sri-Lanka-participates-in-16th-China-International-Small-and-Medium-Enterprises-Fair/34-681129

Sri Lanka participates in 16th China International Small and Medium Enterprises Fair

Sri Lanka Export Development Board, in coordination with the Consulate General of Sri Lanka in Guangzhou, participated in the 16th China International Small and Medium Fair (CISMEF) from 24-27 June.

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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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Participation at Expo 2020 Dubai to boost Sri Lanka

2019-06-18/ Daily FT

Participation at Expo 2020 Dubai to boost Sri Lanka

The Expo 2020 Dubai is a global trade exposition showcasing strengths, capabilities and innovation of over 180 countries and set to host over 25 million visitors from across the globe. Set to be one of the largest events ever to be staged in the Arab world and the first of its kind across the Middle East, Africa and Asia, the World Expo is one of the longest standing and largest international events to take place in the world.

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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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FACETS: Showcasing gems and jewellery to suit every taste

2019-05-28/ http://www.ft.lk/business/FACETS--Showcasing-gems-and-jewellery-to-suit-every-taste/34-678983

FACETS: Showcasing gems and jewellery to suit every taste

It’s that time of the year once again to announce the approach of the premier event of the gem and jewellery industry of Sri Lanka – the FACETS International Gem and Jewellery Exhibition. All are invited to visit the 29th edition of FACETS, which is scheduled to be held at the end of August at the BMICH.

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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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Sri Lanka’s participation at the EXPO 2020 DUBAI - 20th October 2020 to 10th April 2021 in Dubai, United Arab Emirates

2019-02-27

Sri Lanka’s participation at the EXPO 2020 DUBAI - 20th October 2020 to 10th April 2021 in Dubai, United Arab Emirates

The World Expo is one of the oldest and largest international events taking place every 5 years and lasting for 6 month where everyone can learn, innovate and create progress by sharing ideas and working together through a common theme.  United Arab Emirates (UAE) has been selected as the host country for the forthcoming event to be held in year 2020. This World Expo will be held for a period of six months from 20th October 2020 to 10th April 2021 in Dubai under the theme “Connecting Minds, Creating the Future”. The World Expo in Dubai in 2020 will be the first to be held in the MENA & SA (Middle East and North Africa & South Asia Region.

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EDB to showcase Ceylon Spices in international market

2019-02-17/ Source at: Sunday Observer

EDB to showcase Ceylon Spices in international market

The National Export Strategy (NES) is progressing in the right direction. It has six focused areas and is expected to provide the impetus for the export drive supporting economic growth, Chairperson of the Export Development Board (EDB), Indira Malwatte said.

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EDB mulls export expansion in US market

2019-02-12/ http://www.dailynews.lk/2019/02/12/business/177217/edb-mulls-export-expansion-us-market

EDB mulls export expansion in US market

Sri Lanka needs to make greater efforts to get into the US market using the United States Generalized System of Preferences (GSP) scheme as a tool while ensuring that buyers are aware of GSP, said Dr. Fredrik Leuhusen from the School of Management at the University of California, Los Angeles.

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Merchandise and service exports up 15% to $ 17 billion in 2018

2019-01-04/ Source at: Daily FT

Merchandise and service exports up 15% to $ 17 billion in 2018

Sri Lanka’s merchandise and service exports in 2018 are estimated to have hit an all-time high of $ 17 billion, up 15% from a year earlier prompting the Government to be confident of achieving the $20 billion milestone this year.

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