Sun, 28 Nov 2021 Today's Paper

EDB -Foreign Min join hands to boost exports

2 September 2020 01:46 pm - 0     - {{hitsCtrl.values.hits}}


Sri Lanka’s export promotion agency, the Export Development Board (EDB) announced it has joined hands with the Foreign Ministry to boost the nation’s export revenue and mitigate the negative impact of the COVID-19 pandemic on the industry. 

“There are several joint initiatives taken by the EDB and the Foreign Ministry to enhance exports. This includes identifying new market opportunities, creating awareness by disseminating market alerts, addressing supply chain issues, enhancing capacity building through webinars, and creating business linkages to support existing exporters to sustain their exports,” the EDB said in a statement today.
Meanwhile, with the objective of assisting SMEs in Sri Lanka under the concept of ‘One Village One Product’ (OVOP),  the EDB and the Foreign Ministry are continuing to coordinate with Sri Lanka Missions overseas to attract investments from migrated Sri Lankans living abroad.
Furthermore, while these measures are being pursued to overcome the adverse effects of the COVID 19 pandemic on Sri Lanka’s economy and achieve the revised export target of US$ 10.75 billion by year end, the EDB stressed that further steps will be taken to work closely with other relevant local partners.
The EDB will also work closely with other partner nations and organizations to explore new opportunities and utilisation of technology to achieve the government’s economic objectives, the agency added.     


  Comments - 0

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment

Focus on Laggala Gem mining big shots bigger than the law

The truth is now being uncovered regarding an illegal mining racket in state

How and why the TNA was formed twenty years ago

The Tamil National Alliance (TNA) is now twenty years of age. The premier pol

India lays emphasis on culture diplomacy with Sri Lanka

Indian Prime Minister Narendra Modi wanted to inaugurate the Kushinagar Inter

Bittersweet memories of a ‘City that never slept’

At the heart of Eastern Province lies a now abandoned ghost town punctuated w