Joint Media Release – EDB and Foreign Ministry accelerate efforts to boost exports
The Export Development Board (EDB) and the Foreign Ministry are working closely together to increase the country’s export revenue and mitigate the negative impact of the COVID-19 pandemic on the export industry. Sri Lanka’s export income which stood at US$ 277 Mn in April 2020 has increased to US$ 1,090 Mn in July 2020 and is projected to grow in the coming months. 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.