National Export Strategy - Implementation

Implementation of the National Export Strategy (NES) was initiated with the allocation of critical resources to national institutions to fast-track the fulfilment of NES objectives, which included high priority steps such as;

• Establishment of a high-level formal public-private mechanism that will be responsible for coordinating all trade development interventions, including the NES, among all responsible ministries and institutions.
• Establishment of an EDB advisory committees for NES focus sectors and TSFs, as well as other priority export sectors. Enabling committees with operational support
• Ensuring the land bank initiative is implemented in a timely manner to facilitate access to land for focus export sectors and supply chains
• Restructuring and streamlining Sri Lanka’s regulatory framework to ensure transparency and minimize overlapping

And a series of other actions that seek to promote the growth of NES focus sectors.

The complete and successful implementation of NES is expected to achieve total foreign exchange earnings of USD 37 billion by the year 2025.

Foreign Exchange Earnings Of Merchandise & Services Exports Targets For 2018-2025