As Sri Lanka sharpens its focus on achieving US$ 20 billion in export earnings by 2020, executives interviewed for OBG’s most recent Business Barometer: Sri Lanka CEO Survey have resoundingly voted for textiles and apparel as the export segment likely to experience the highest rate of growth in overseas shipments in 2018.Some 77% of CEOs…

Sri Lanka’s first ever European Union mandated GSP exporter listing call went live on the web on 2 January. “I commend the Department of Commerce under our Ministry for setting up this system and operationalising exactly on the first working day of 2018. We thank the Information and Communication Technology Agency (ICTA) for their support…

The expiration of US Generalized System of Preferences (GSP) for Sri Lanka on 31 December has only marginal impact on the country’s exports to US. Meanwhile, Sri Lanka’s trade with US shows a positive trend this year in comparison to 2015 and ‘16. “What is important to understand is that this non-renewal of US GSP does not…

The first comprehensive and almost step by step guide for Lankan exporters to export under EU GSP Plus scheme has been released. Titled the “EU GSP+ Business Guide for Sri Lankan Exporters” manual is produced by Geneva’s International Trade Centre (ITC) in collaboration with the Government of Sri Lanka and funded by the EU, and…