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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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NOCU organized an awareness workshop an Organic Farming for International Markets Prospects

2018-11-30

NOCU organized an awareness workshop an Organic Farming for International Markets Prospects

NOCU organized an awareness workshop for the stakeholders engaged in organic agriculture related activities to educate them on the role of NOCU and international market prospects for organic agriculture products. Workshop was held on 29th November 2018 at the EDB 3rd Floor Auditorium. This workshop was organized for Growers/Farmers, Processors, Traders, Exporters, Importers Other organic related entrepreneurs etc.

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EDB organized the seminar to promote Wellness Tourism

2018-11-01

EDB organized the seminar to promote Wellness Tourism

The EDB organized a seminar with Ms.Stella Photi, Founder & Managing Director of Wellbeing Escapes, London, on 31st of October from 9.00 am to 12.00 pm at the EDB. She is a renowned Wellness tourism expert on Wellbeing travel involved in many wellness tourism projects around the world and a much sought after guest speaker in international wellness forums.

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Boat Show & Boating Festival Sri Lanka 2018 kicks off

2018-10-26/ http://www.ft.lk/business/Boat-Show---Boating-Festival-Sri-Lanka-2018-kicks-off-today/34-665494

Boat Show & Boating Festival Sri Lanka 2018 kicks off

The Boat Show & Boating Festival Sri Lanka 2018 is organised by the Boat Building Technology Improvement Institute (BTI) and Sri Lanka Export Development Board (EDB), in association with the Ministry of Development Strategies and International Trade, the Ministry of Ports and Shipping, and Sri Lanka Ports Authority at Galle Yacht Marina, Port of Galle from 26–28 October.

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The EDB ties up with leading Travel Company in UK to promote Sri Lankan Wellness Tourism industry

2018-10-26

The EDB ties up with leading Travel Company in UK to promote Sri Lankan Wellness Tourism industry

The Sri Lanka Export Development Board (EDB), as the apex organization for promoting exports, has identified the Health/Wellness Tourism sector as a key focus sector in terms of foreign exchange earnings and as a key sector in the National Export Strategy (NES). There is a clear synergy between global trends and Sri Lanka’s traditional health approaches. The country has natural and traditional endowments that can be used to foster a sustainable wellness tourism value chain that is deeply rooted in local communities and traditions. The growing interest in and demand for wellness services is a favorable global trend for the development of this industry in Sri Lanka. Many countries and destinations are defining themselves as wellness tourism destinations but most do not have Sri Lanka’s rich cultural and wellness lifestyle based heritage. The Average spending of a wellness traveler is around US$ 250 which is far beyond the spending of a general tourist or backpackers.

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EDB Presents 22nd Presidential Export Awards

2018-09-21

EDB Presents 22nd Presidential Export Awards

The 22nd Presidential Export Awards Ceremony was held to celebrate the outstanding achievements of the Exporters at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo, on September 18, 2018, under the patronage of His Excellency Maithripala Sirisena the President of Sri Lanka.

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Minister Malik Samarawickrama calls for more exports – the way forward for Sri Lanka

2018-09-20/ Source at: Daily FT

Minister Malik Samarawickrama calls for more exports – the way forward for Sri Lanka

Following is the address by Minister Malik Samarawickrama at the Presidential Export Awardson 18 September 

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Polish push for local boat building industry

2018-09-09/ /blog/polish-push-for-local-boat-building-industry.html http://www.sundayobserver.lk/2018/09/09/business/polish-push-local-boat-building-industry

Polish push for local boat building industry

In keeping with the government’s aim of developing Sri Lanka’s boat building industry as one of the six sectors of the economic drive, stakeholders are looking at a strategic approach to fuel its growth.

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Govt. launches landmark five year National Export Strategy

2018-07-20

Govt. launches landmark five year National Export Strategy

Opening a new chapter to link local exports to global value chains, Prime Minister Ranil Wickremesinghe yesterday launched the National Export Strategy (NES) as the latest Government effort to boost foreign exchange earnings and employment. 

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Export revenue expected to boost as National Export Strategy receives cabinet nod

2018-07-10

Export revenue expected to boost as National Export Strategy receives cabinet nod

The NES is a comprehensive and carefully structured five-year strategy aimed at increasing exports and generating enhanced revenue for Sri Lanka’s SMEs and exporters. The implementation of this endeavour will witness the increasing of Sri Lanka’s export revenue to USD$ 28 billion by 2022.

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EDB says National Export Strategy ready for Cabinet approval

2018-06-19/ http://www.dailymirror.lk/article/EDB-says-National-Export-Strategy-ready-for-Cabinet-approval--151455.html

EDB says National Export Strategy ready for Cabinet approval

The Sri Lanka Export Development Board (EDB) yesterday said the National Export Strategy (NES) it has designed in collaboration with the export sector stakeholders is ready to be presented to the Cabinet of Ministers for approval.

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EDB discusses National Export Strategy with top Harvard economist

2018-05-23

EDB discusses National Export Strategy with top Harvard economist

Officials of the Sri Lanka Export Development Board (EDB) discussed the forthcoming National Export Strategy (NES) and other key initiatives of the agency with top Harvard economist Prof. Ricardo Hausmann last week (16 May).

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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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Stronger Sri Lanka-Hungary ties in the offing

2017-10-27/ http://www.ft.lk/front-page/Stronger-Sri-Lanka-Hungary-ties-in-the-offing/44-642323

Stronger Sri Lanka-Hungary ties in the offing

Sri Lanka and Hungary this week renewed their commitment to boost bilateral ties, with the two countries entering into an economic cooperation agreement later this year.

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Sri Lanka for open trade and investment, Minister Malik Samarawickrama tells WEDF 2017 opening

2017-10-26/ http://www.ft.lk/front-page/Sri-Lanka-for-open-trade-and-investment--Malik-tells-WEDF-opening/44-642234

Sri Lanka for open trade and investment, Minister Malik Samarawickrama tells WEDF 2017 opening

Development Strategies and International Trade Minister Malik Samarawickrama speaks at the first plenary of the World Export Development Forum in Budapest yesterday (25-10-2017)

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