1 week Ago By MIAP
By: Staff Writer May 09, Colombo (LNW): Sri Lanka’s export community, represented by various chambers and associations, has come together to address critical issues hindering the country’s export potential. In a clarian call to action, exporters have highlighted key concerns ranging from transparency and accountability in government agencies to challenges in accessing global markets and overcoming regulatory hurdles. Through a series of recommendations, they seek to foster a conducive environment for sustainable economic growth and international trade.
Against the backdrop of a stagnating trend in merchandise exports, Jayantha Karunaratne, the President of the National Chamber of Exporters (NCE) of Sri Lanka, seized the opportunity to articulate the pressing issues facing the Chamber’s members. Highlighting the gravity of the situation, he emphasized the urgent need for effective policy-making to counteract the stagnation of merchandise exports and propel sustainable economic growth. The stagnation in merchandise exports, despite the occasional increase in Merchandise Exports in certain months, underscored the significance of collaborative efforts between the government and the private sector to navigate these challenges effectively.
Mr. Karunaratne’s speech echoed the feelings of Chamber members, who voiced their concerns regarding the adverse impact of the export stagnation on the nation’s economy. Recognizing the pivotal role that exports play in bolstering forei.
