š Sri Lanka to Launch Strategic Export Roadmap (NEDP 2026-2030) on June 16
Sri Lanka will officially launch its National Export Development Plan (NEDP) 2026ā2030 in Colombo, setting a strategic blueprint to drive sustainable, export-led economic growth. ⢠Overall Target: Aims to achieve a national export revenue target of USD 36 Bn by 2030. Proposed in the 2025 Budget, the framework was developed by the EDB with technical assistance from the Asian Development Bank (ADB). ⢠Pillar 1 (Foundational Horizontals): Focuses on cross-cutting ecosystem support, including trade facilitation, trade finance, market access, supply chain consolidation, ESG compliance, and skills development/innovation. ⢠Pillar 2 (Priority Verticals): Targets aggressive export diversification and high value-addition across 8 designated sector groups: - Digital Products and Services (ICT/BPM relevant) - Auto Components & Electrical and Electronic Components - Rubber-Based Industries & Minerals-Based Industries - Spices and Concentrates & Processed Food and Beverages - Marine-Based Industries (including boat and shipbuilding) ⢠Context: The plan incorporates insights from over 300 public and private sector contributors to ensure a comprehensive transformation of the nation's trade competitive landscape over the next 5 years.