NCE: Floods Severely Impact Export Sector Operations & Delivery Timelines 📈

• The National Chamber of Exporters (NCE) has expressed deep concern over severe flood damage to the export sector, with many production facilities going under water. • Early indications show significant damage to machinery, stocks, and critical infrastructure, bringing operations in many companies to a standstill. • Critical Challenge: Exporters are deeply worried about their ability to meet international delivery timelines, risking cancelled contracts, loss of market access, and damage to global buyer confidence. • Key Disruptions: Interrupted production cycles, costly equipment/factory damage, and stalled supply chains (transport, labour access). SMEs and aspiring exporters are deemed highly vulnerable due to lack of financial buffers. • NCE Action: The Chamber is gathering detailed information from members and urgently calls on the Government to provide immediate and targeted support (e.g., financial assistance, expedited repairs) to ensure rapid rehabilitation and safeguard Sri Lanka's national economic resilience.