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Mon, 17 December 2018 04:23:03
Sri Lanka exporters urges removal of barriers to boost export
20 Jan, 2015 13:01:47
Jan 20, 2015 (LBO) – Sri Lanka’s Exporters’ Association said that it expects that the new government will take steps to eliminate some of the barriers and deficiencies the sector faces towards boosting exports.
Releasing a statement, the apex body of exporters said that the association has continuously lobbied on several platforms and to relevant agencies with regard to matters of importance, which should keep the wheels of industry relentlessly driving exports.

The statement by Sri Lanka’s Exporters Association

A matter of particular concern at this point in time is the frustration of domestic companies engaged in exports, which appears to be compelling them to either relocate their businesses abroad, or consider the expansion of their current operations overseas.

There is an urgency to implement rapid policy framework to sustain investment already made in order to expand on its valued foundation.

The Exporters Association of Sri Lanka looks forward to entering into a close dialogue with the Government with a view to presenting its concerns viz a viz building capacity within institutions responsible for steering the industry, which will as a consequence ensure the ability to reach international markets in a cost effective and productive manner.

The long awaited setting up of an EXIM bank which will support Exporters looking at new markets with the need to expand the scope of SLECIC will encourage diversifying of markets and exports by the important SME sector . Another area which needs to be addressed will be the request of the Exporter community to be engaged in decisions regarding review of the current FTA with India and the setting up and implementation of the FTA with China.

The EASL is confident that the new administration will be willing to enter into a dialogue with its membership at an early date and extends its fullest co-operation in future developmental activities.

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