Home Business & Finance SL exports benefitted from public-private collaboration

SL exports benefitted from public-private collaboration

331
0
SHARE
EDB chairperson Mrs.Indira Malwatte addressing the media networking session

“The export performance is benefiting from greater public-private sector collaboration, resolution of issues via the exporters forum as well as support from the weekly development secretaries deliberations.” Export Development Board chairperson Mrs.Indira Malwatte said at the media networking session organised by the EDB at their Auditorium recently.

EDB Chief further said that despite external and domestic challenges, the export community was undeterred and the first half performance was a good testimony

Minister of Development Strategies and International trade,Malik Samarawickrema commending the performance of the export sector said that Sri Lanka’s merchandised and service exports have risen from 11.4% to 8.5 billion US dollars in the first half of this year. He also emphasized that compared with $ 13.9 billion combined exports in 2016, the estimated figure for 2019 will reflect a 33% growth.

The Minister further said that broadening and deepening of the current Free Trade Agreements (FTAs), and the new FTAs with developing Asian nations, will enable access to a market of over 3 billion people. These FTAs can increase Sri Lanka’s competitiveness, and the private sector must strongly support these initiatives.

He also stressed that compared with $ 13.9 billion combined exports in 2016, the estimated figure for 2019 will reflect a 33% growth.

Deputy Minister Nalin Bandara, National Chamber of Exporters CEO Shiham Marikar, and Sri Lanka Shippers Council Chairman Chrisso de Mel. also participated.