Sri Lanka’s exports sector continues operations despite Covid 19 health restrictions
Sri Lanka’s Export Development Board (EDB) has reportedly assured that it will continue to facilitate operations of export industries and has taken measures to remain uninterrupted during the quarantine curfew in the Western Province.
Issuing a notice, the EDB has stated that exporters are required to take all safety precautions recommended by the health authorities to manage Covid-19 and need to assure implementation of safety measures as per the “Guidelines on COVID-19, preparedness for workplaces,” issued by Sri Lanka’s Ministry of Health and adhere to the additional guidelines announced by the authorities according to the prevailing situation.
All non Board of Investment (BOI) exporters are advised to obtain a letter from the EDB with instructions on guidelines to be adhered to in carrying out export operations. All BOI registered companies may contact the BOI.
OSL take:
Sri Lanka’s exports sector is expected to meet its revised revenue targets for this year. Despite the internal and external challenges posed by the global Covid 19 pandemic, Sri Lanka’s exports sector has continued with its manufacturing process showing the strength and growth of the country’s exports sector. Sri Lanka’s geographical positioning in the Indian Ocean, ease of doing business environment and the many trade agreements as well as trade concessions enjoyed by the country have made it a business hub in the South Asian region. Foreign businesses/investors could therefore explore business/investment opportunities in Sri Lanka’s exports sector.
| Article Code : | VBS/AT/12112020/Z_4 |