The Sri Lanka Export Development Board (EDB) will collaborate with Expertise France to strengthen sustainable trade between Sri Lanka and the European Union (EU) under an EU-funded initiative aimed at promoting climate-resilient and circular trade practices.<\/p>\n\n\n\n
The partnership was discussed during a recent meeting between Expertise France Programme Officer Yannick Gaudin, EDB Chairman Mangala Wijesinghe and senior EDB officials.<\/p>\n\n\n\n
The project, coordinated and implemented by Expertise France with funding from the European Union under its Global Gateway Strategy, seeks to enhance Sri Lanka\u2019s sustainable, climate-resilient and circular trade potential while promoting greater integration into EU markets.<\/p>\n\n\n\n
EDB Chairman Mangala Wijesinghe expressed appreciation for the EU\u2019s longstanding support towards Sri Lanka\u2019s export development and assured the EDB\u2019s full cooperation for the successful implementation of the project.<\/p>\n\n\n\n
He also outlined the EDB\u2019s ongoing initiatives to strengthen the country\u2019s export ecosystem and improve exporters\u2019 capacity to comply with the EU\u2019s stringent regulatory, environmental and sustainability standards.<\/p>\n\n\n\n
During the discussions, Gaudin provided an overview of the project, explaining that it aims to facilitate inclusive and sustainable access to EU markets by aligning trade-related regulations, supporting the green transition and encouraging climate-adaptive practices that promote equitable economic growth and resilience.<\/p>\n\n\n\n
Representatives from the EDB\u2019s various divisions highlighted programmes already being implemented to promote sustainability, inclusivity, compliance with EU environmental regulations and the empowerment of small and medium-sized enterprises (SMEs). They noted that these initiatives are closely aligned with the EU\u2019s policy priorities for partner countries.<\/p>\n\n\n\n
The meeting also explored potential sectors and industries that could be included under the project. Both parties agreed to work closely together to maximise the benefits of the EU-funded programme and generate tangible outcomes that would enhance Sri Lanka\u2019s export competitiveness while supporting sustainable economic development. (DSA)<\/p>\n\n\n\n
Source: Daily News<\/p>\n","protected":false},"excerpt":{"rendered":"
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