📈 ADB and EDB Collaborate on 2026–2030 National Export Development Plan

A fact-finding mission from the Asian Development Bank (ADB) visited the Export Development Board (EDB) on April 27, 2026, to review progress on the upcoming National Export Development Plan (NEDP). This strategic framework is central to Sri Lanka's goal of achieving sustained export-led economic growth. • Mission Objectives The visit, part of the Trade, Investment, and Industry Development Policy-Based Lending (PBL) Program, focused on reviewing the status of Cabinet approval and the official launch of the NEDP for the 2026–2030 period. • Key Areas of Focus The discussions centered on policy reforms and institutional strengthening aimed at improving trade competitiveness and diversifying export markets. These efforts are intended to support the national vision of long-term economic stability and job creation. • Implementation Framework The EDB and ADB agreed on several structural milestones for the implementation phase: Establishing a high-level NEDP Steering Committee. Operationalizing a dedicated Project Management Unit (PMU). Developing a robust monitoring system to track export performance and outcomes. • Future Outlook The partnership identifies technical assistance required under Subprogram 2 to ensure a structured rollout. The successful execution of the NEDP is expected to enhance Sri Lanka’s global trade position through a results-oriented and sustainable framework. _Note: Summary based on provisional mission updates as of April 2026._