Colombo – October 2025
The Sri Lanka Export Development Board (EDB), in partnership with the Asian Development Bank (ADB), has launched consultations for the National Export Development Plan (NEDP) 2025–2029.
Objectives of NEDP 2025–2029:
- Enhance export competitiveness: Through modernization of production techniques and adoption of digital solutions.
- Diversify export markets and products: Expanding beyond traditional markets to Europe, North America, and East Asia.
- Promote sustainable growth: Encouraging eco-friendly, climate-conscious exports.
- Boost SME participation: Supporting small and medium enterprises to become globally competitive.
Stakeholder Engagement:
The consultation process involves exporters, industry associations, government bodies, and policy experts to ensure that the plan addresses both local realities and international market trends.
Economic Significance:
Sri Lanka aims to achieve USD 20 billion in exports by 2029, leveraging trade agreements such as GSP+, bilateral FTAs, and regional cooperation with India and ASEAN nations.
Analyst Comment:
“This comprehensive roadmap is essential for positioning Sri Lanka as a resilient export-led economy post-crisis, and it provides a blueprint for long-term growth,” said an EDB official.
