'Sri Lanka could be a model nation':
Exports to surpass $ 1 b before year's end
Sanjeevi Jayasuriya
At a glance
* 'Sri Lanka Rising' campaign to be launched
next month
* Efforts supported by all export related
segments
* Need to identify new emerging markets
The country earned half a billion US dollars in exports for the first
six months this year. It is expected to pass the one billion dollar mark
by the end of the year, said National Exporters Association Chairman
Rohan Fernando.
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Sri Lanka’s export sector earnings
surpassed the half a billion dollar mark in the first six
months of this year. Here a container being loaded at the
Port of Colombo. |
"We had a shortfall in the export volume although there was a good
demand for our products. There was a 30 - 40 percent shortfall in the
volume exported compared to the demand. It is necessary to provide more
marketing assistance from the Cess Fund to have our brand promoted in
the international market," he said.
The "Sri Lanka Rising" campaign will be launched next month to
coincide with the Exporters' Award ceremony. A team of five people will
work towards a complete package containing a message to our customers.
The team will disseminate the message to the world that "Sri Lanka
Rising" will become a nation to look forward for development, peace and
tranquillity, quality goods and services," he said.
"Our efforts are supported by all export related segments. They are
fully behind us. Basically, we are talking to our customers worldwide
with quality products", he said.
Where tea is concerned, it is expected that the demand will rise
within the next few years.
The countries buying our tea, especially China and the Middle East
went in to temporary recession. We need to be mindful to market our
products to high-end users.
We appeal to the Government to extend support, as an increase in the
export volume and value will benefit the country, he said.
The export sector is faced with different opportunities and
challenges. Innovation and branding is the key for success.
We have to identify the new emerging markets. The new buying powers
are in Asian countries including China, India, Russia, the Middle East
and other Far Eastern countries.
We can depend more on these countries and need to focus more to
increase our market share, he said.
The Free Trade Agreements (FTAs) signed with India and Pakistan to
expand trade volumes should be looked at objectively. India has a huge
market.
We can generate more value addition in Sri Lanka to gain the
advantages of the FTAs. We need to build product capacity and it is
necessary to provide facilities to encourage exporters. Agreements are a
good start to work and improve, he said.
When a country faces turmoil for a long time, it needs time to
recover. We have climbed a mountain and now a smooth road is ahead of
us. We could be a model nation to the world, he said.
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