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BOC makes commendable contribution to nation's export growth
Daily FT
|June 17, 2025
In conversation with EDB Chairman Mangala Wijesinghe
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Sri Lanka's export economy is entering a period of adjustment. For decades, tea and apparel have done the heavy lifting. But with changing markets, new trade regulations, and a wider push for economic recovery, the country is now being asked to think differently about how it earns foreign income.
The Export Development Board plays a central role in this. Led by Mangala Wijesinghe, the EDB is working across agencies and sectors to expand the reach of Sri Lankan products and services. That includes tackling long-standing issues around market access, improving support for small exporters, and finding ways to bring younger business owners into global trade. In this interview, EDB Chairman Mangala Wijesinghe explains the Board's current focus, the importance of financial and institutional partnerships such as those with Bank of Ceylon, and what it will take to create lasting opportunities for Sri Lankan exporters in a changing world.
Q: How would you describe the EDB's current role in driving Sri Lanka's export competitiveness and economic diversification? Could you share some key focus areas the Board is prioritising this year?
A: The EDB plays a pivotal role in driving the country's export growth via its mandate as the policy adviser, monitor, promoter, facilitator, and knowledge provider in developing and promoting Sri Lanka's exports. The goal of the EDB is to provide assistance and create opportunities for Sri Lankan exporters and industries to expand their business internationally, thereby increasing export sales and employment prospects in the region.
Being the premier export promotion agency in the country, we assist export-ready entrepreneurs to enter the international marketplace by providing guidance and advice to fulfil key market entry requirements such as obtaining the vital internationally recognised quality standard certifications as well as ensuring compliance with the necessary legal requirements.
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