Last Updated on June 17, 2026 12:51 pm by BIZNAMA NEWS
AMN / NEWS DESK
Seeking to strengthen economic recovery after the 2022 financial crisis, Sri Lanka has unveiled a new five-year export strategy targeting 36 billion US dollars in export earnings by 2030. The National Export Development Plan, NEDP, for 2026 to 2030 has been approved by the Cabinet. The plan aims to transform the island nation into an export-driven economy and establish it as a competitive logistics and knowledge hub.
Launching the strategy, Sri Lankan Industries and Entrepreneurship Development Minister Sunil Handunnetti said sustained policy consistency and transparency would be essential to achieving the country’s export ambitions. The framework identifies eight priority sectors, including digital products and services, auto components, electrical and electronic components, processed food and beverages, spices, rubber, as well as marine-based and mineral-based industries.
Chairman of the Export Development Board, Mangala Wijesinghe, said the plan would improve trade logistics, accelerate customs digitisation and help small and medium-sized enterprises gain access to global markets. He said these measures would support Sri Lanka’s long-term economic transformation and enhance the country’s competitiveness in international trade.